Financial News: Turkey Retail Sales Growth Eases In March

Turkey Retail Sales Growth Eases In March

05/12/2025 - 04:37:00 (RTTNews)

(RTTNews) - Turkey's retail sales expanded at the slowest pace in eight months in March, the Turkish Statistical Institute said on Monday.

The volume of retail sales climbed 9.2 percent on a yearly basis in March, following a 12.6 percent growth in February.

Further, this was the weakest growth since July last year, when sales had risen 6.0 percent.

The annual sales growth in non-food products, except automotive fuel, softened to 10.6 percent from 14.0 percent.

Similarly, sales of food, drinks, and tobacco grew at a slower pace of 8.0 percent versus a 13.4 percent increase in February. Data showed that automotive fuel sales rebounded 4.1 percent.

During March, online sales growth moderated to 3.0 percent from 6.9 percent.

On a monthly basis, retail sales decreased 1.4 percent, in contrast to the 1.2 percent gain in the prior month. Moreover, it was the first fall in ten months.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Denmark GDP Contracts More Than Estimated (25 min(s) ago)
(RTTNews) - The Danish economy shrank more than initially estimated in the first quarter of 2025 ...Full Story»

UK GDP Growth Confirmed At 0.7% (28 min(s) ago)
(RTTNews) - The UK economy expanded at a stronger pace in the first quarter as previously estimate ...Full Story»

Turkey Trade Gap Widens In May (01 hr(s), 17 min(s) ago)
(RTTNews) - Turkey's foreign trade deficit rose slightly in May as imports grew faster than ex ...Full Story»

Swiss KOF Leading Indicator Falls To 6-month Low (01 hr(s), 44 min(s) ago)
(RTTNews) - A measure signaling future turning points in the Swiss economy decreased unexpectedl ...Full Story»

China Manufacturing Sector Continues To Shrink (02 hr(s), 12 min(s) ago)
(RTTNews) - China's manufacturing sector continued to contract in June, official purchasing ma ...Full Story»

Sweden Retail Sales Fall 4.8% (02 hr(s), 11 min(s) ago)
(RTTNews) - Sweden's retail sales declined for the first time in four months in May, figures f ...Full Story»

Japan Housing Starts Plunge 34.4% (02 hr(s), 49 min(s) ago)
(RTTNews) - Japan's housing starts decreased sharply for the second straight month in May, dat ...Full Story»

European Economic News Preview: Germany Inflation & Retail Sales Data Due (04 hr(s), 06 min(s) ago)
(RTTNews) - Flash inflation and retail sales from Germany and revised GDP and mortgage approvals f ...Full Story»