Retail sales volume with constant prices decreased by 16.7% in May 2020 compared with the same month of previous year, Turkish Statistical Institute said in a statement on Monday.
According to the statement, in the same month non-food (except automotive fuel) sales decreased by 25.5%, automotive fuel sales decreased by 22.6%, food, drinks and tobacco sales increased by 3.0%.
Retail sales volume increased by 3.8% on monthly basis
Retail sales volume with constant prices increased by 3.8% in May 2020 compared with the previous month. In the same month non-food (except automotive fuel) sales increased by 17.3%, food, drinks and tobacco sales decreased by 7.7%, automotive fuel sales decreased by 0.3%.
Retail turnover decreased by 11.6% on annual basis
Retail turnover with current prices decreased by 11.6% in May 2020 compared with the same month of previous year. In the same month non-food (except automotive fuel) sales decreased by 17.6%, automotive fuel sales decreased by 34.9%, food, drinks and tobacco sales increased by 13.3%.
Retail turnover increased by 4.7% on monthly basis
Retail turnover with current prices increased by 4.7% in May 2020 compared with the previous month. In the same month non-food (except automotive fuel) sales increased by 18.4%, automotive fuel sales increased by 5.1%, food, drinks and tobacco sales decreased by 8.4%. (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
The Turkish Central Bank announced on Thursday its decision to maintain the policy interest rate at 50%, aligning with market expectations despite ongoing concerns over high inflation.
The Turkish Statistical Institute has reported a significant increase in road motor vehicle registrations for the month of March, with a total of 226,617 registrations recorded, according to a statement released on Thursday.
The latest report from the Turkish Statistical Institute, released on Wednesday, reveals a mixed bag of economic confidence across various sectors for the month of April.
Turkish Treasury and Finance Minister Mehmet Şimşek has reaffirmed his dedication to enhancing the country's economic programme, announcing plans to introduce new measures in the near future.