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Financial News: Turkish Retail Sales Rise 12.1%

Turkish Retail Sales Rise 12.1%

01/12/2023 - 03:43:00 (RTTNews)

(RTTNews) - Turkey's retail sales rose at a faster pace in November, data from Turkstat showed on Thursday.

Retail sales advanced 12.1 percent yearly in November, following a 9.3 percent gain in October.

Sales of non-food sales climbed 17.7 percent annually in November and those of food, drinks, and tobacco gained 5.7 percent. Sales of automotive fuel grew 3.9 percent.

On a monthly basis, retail sales rose 1.5 percent in November, after a 1.6 percent growth in the preceding month.

Retail sales turnover increased 125.4 percent annually in November, after a 133.0 percent gain in the prior month.

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