Financial News: Turkey Retail Sales Growth Eases In January

Turkey Retail Sales Growth Eases In January

03/11/2025 - 06:52:00 (RTTNews)

(RTTNews) - Turkey's retail sales continued to expand sharply in January, though at the slowest pace in six months, the Turkish Statistical Institute said on Tuesday.

The volume of retail sales climbed 12.5 percent on a yearly basis in January, following a 14.0 percent growth in December.

The annual sales growth in non-food products, except automotive fuel, softened to 15.1 percent from 17.3 percent.

Similarly, sales of food, drinks, and tobacco grew strongly but at a slower pace of 10.2 percent versus a 13.2 percent surge in December. Meanwhile, automotive fuel sales dropped 0.5 percent, which was the first fall in seven months.

Data showed that online sales growth improved to 3.7 percent from 3.0 percent.

On a monthly basis, retail sales rose 2.0 percent, following a 0.8 percent gain in the prior month.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Leading Index Declines In March (04 min(s), 39 sec(s) ago)
(RTTNews) - Japan's leading index decreased less than expected in March to the lowest level in ...Full Story»

European Economic News Preview: Italy Industrial Output Data Due (48 min(s), 39 sec(s) ago)
(RTTNews) - Industrial production from Italy is due on Friday, headlining a light day for the Euro ...Full Story»

China Exports Rise More Than Forecast (02 hr(s), 32 min(s), 39 sec(s) ago)
(RTTNews) - China's exports grew more than expected in April despite the fall in exports to th ...Full Story»

Japan Household Spending Rises 2.1% On Year In March (48 min(s), 21 sec(s) ago)
(RTTNews) - The average of household spending in Japan was up 2.1 percent on year in March, the Mi ...Full Story»

South Korea Has $9.14 Billion Current Account Surplus (23 min(s), 21 sec(s) ago)
(RTTNews) - South Korea posted a current account surplus of $9.14 billion in March, the Bank of Ko ...Full Story»

China Trade Data Due On Friday (11 min(s), 21 sec(s) ago)
(RTTNews) - China will on Friday release April figures for imports, exports and trade balance, hig ...Full Story»

Thirty-Year Bond Auction Attracts Below Average Demand (04 min(s), 21 sec(s) ago)
(RTTNews) - The Treasury Department finished off this week's series of announcements of the re ...Full Story»

U.S. Wholesale Inventories Climb Slightly Less Than Expected In March (54 min(s), 21 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Thursday showing wholesale inventories in ...Full Story»