Retail sales accelerate in July

According to TurkStat data, monthly retail sales increased by 31 percent in July at constant prices compared to the same month of the previous year. The previous data was monitored as 29.3 percent. Turkish Statistical Institute (TurkStat) Retail Sales Indices published the data for July 2023. Retail sales volume at constant prices increased by 31 percent in July compared to the same month of the previous year. In the same month, food, beverage and tobacco sales increased by 19.1 percent, non-food sales (excluding automotive fuel) increased by 41.8 percent, and automotive fuel sales increased by 17.0 percent. Retail sales volume increased by 2.7 percent monthly Retail sales volume at constant prices increased by 2.7 percent in July 2023 compared to the previous month. In the same month, food, beverage and tobacco sales decreased by 2.4 percent, non-food sales (excluding automotive fuel) increased by 5.9 percent, and automotive fuel sales decreased by 1.0 percent. Retail turnover increased by 93.3 percent annually Retail turnover at current prices increased by 93.3 percent in July 2023 compared to the same month of the previous year. In the same month, food, beverage and tobacco sales increased by 84.4 percent, non-food sales (excluding automotive fuel) increased by 124.3 percent, and automotive fuel sales increased by 38.1 percent. Retail turnover increased by 12 percent monthly Retail turnover at current prices increased by 12.0 percent in July 2023 compared to the previous month. In the same month, food, beverage and tobacco sales increased by 3.7 percent, non-food sales (excluding automotive fuel) increased by 13.5 percent, and automotive fuel sales increased by 23.9 percent.