Türkiye's trade sales volume drops by 3.4% in July
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Güneşli
13 oC
Güneşli
Türkiye's trade sales volume saw a year-on-year decline of 3.4% in July 2024, while retail sales volume showed an annual increase of 5.4%, according to data released by the Turkish Statistical Institute on Wednesday.
The trade sales volume index, based on 2021 figures, reflected a significant drop, with the wholesale and retail trade, as well as the repair of motor vehicles and motorcycles, declining by 10.8%. Wholesale trade sales volume also fell by 5.6% during the same period, the report noted.
On a monthly basis, trade sales volume decreased by 0.6% in July compared to June 2024. The wholesale and retail trade, alongside motor vehicle and motorcycle repair volumes, fell by 1.4%, while wholesale trade sales volume dropped by 1.0%. However, retail sales volume continued its upward trend, increasing by 0.8% compared to the previous month.
This data highlights the varying dynamics in Türkiye's trade and retail sectors as the country navigates ongoing economic challenges. (ILKHA)
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