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Financial News: Turkey Retail Sales Decline Slows In June

Turkey Retail Sales Decline Slows In June

08/19/2019 - 03:36:00 (RTTNews)

(RTTNews) - Turkey's retail sales declined in June, but at a slower pace, data from the Turkish Statistical Institute showed on Monday.

Retail sales fell 1.2 percent year-on-year in June, following a 3.3 percent decline in May. This was the tenth consecutive fall in sales.

Sales of automotive fuels declined 2.3 percent annually in June and those of non-food and food, drinks, tobacco fell 1.0 percent and 0.7 percent, respectively.

On a monthly basis, retail sales rose 2.3 percent in June, following a 0.5 percent increase in the previous month.

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