Turkey Retail Sales Growth At 6-Month Low
18 July 2018 - 1:59PM
RTTF2
Turkey's retail sales growth eased in May to the weakest level
in six months, figures from the Turkish Statistical Institute
showed Wednesday.
The volume of retail sales climbed 4.6 percent year-over-year in
May, well below the 8.2 percent spike in April.
Moreover, this was the weakest rate of growth since November
last year, when sale had risen 3.1 percent.
Sales of food, drinks and tobacco grew 7.6 percent yearly in May
and non-food sales, except automotive fuel rose by 4.3 percent.
On a monthly basis, retail sales decreased a seasonally and
calendar-adjusted 1.3 percent from April, when it rose by 0.7
percent.
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