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Financial News: Turkey Retail Sales Growth Eases Further

Turkey Retail Sales Growth Eases Further

05/17/2018 - 03:15:00 (RTTNews)

(RTTNews) - Turkey's retail sales growth eased for the second straight month in March, figures from the Turkish Statistical Institute showed Thursday.

The volume of retails sales climbed a calendar-adjusted 7.4 percent year-over-year in March, slower than the 8.3 percent rise in February.

Sales of food, drinks and tobacco grew 9.0 percent yearly in March and non-food sales, except automotive fuel rose by 6.2 percent.

On a monthly basis, retail sales rebounded a seasonally and calendar-adjusted 0.5 percent from February, when it dropped by 0.8 percent.

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