Turkey’s Retail Sales Growth Accelerates to 10.1% in August
Turkey’s retail sales rose 10.1% year on year in August, following a 9.9% increase in July, data from the Turkish Statistical Institute showed.
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what happened
ANKARA (dpa-AFX) — Turkey’s retail turnover continued to grow in August, according to data released Monday by the Turkish Statistical Institute. Sales increased 10.1% from a year earlier, after advancing 9.9% in July. The retail sector has recorded growth since May 2020.
Excluding watches and jewellery, sales rose 6.1%, compared with a 6.2% increase in July. Food, beverages and tobacco products recorded annual growth of 5.3%. Non-food sales excluding automotive fuel climbed 12.8%, while automotive-fuel sales increased 6.9%.
On a monthly basis, retail-sales growth accelerated to 1.4% from 0.2% in July, dpa-AFX reported, citing the newly released figures.
why it matters
The sustained expansion points to continued strength in Turkey’s domestic consumer activity. The faster monthly increase and double-digit annual growth may inform market assessments of economic momentum and the consumer sector.
instruments
sources
- Turkey Retail Sales Continue To Expand — dpa-AFX, 12 October 2026 at 10:42 UTC
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