Türkiye’s retail sales volume rises 11.5pc annually in April

DAILY SABAH.COM :

Retail sales volume in Türkiye surged in April compared to the same month last year, according to official data released Monday, marking the strongest growth among all subsectors and driving a 9.6 per cent year-on-year increase in total trade volume.
Retail sales soared 11.5 per cent year-on-year in April, according to the data from the Turkish Statistical Institute (TurkStat).
Among other subsectors, wholesale trade sales rose 8 per cent on a yearly basis, while wholesale and retail trade and repair of motor vehicles and motorcycles volume increased by 13.8 per cent, TurkStat said.
Monthly, retail sales rose by 2.8 per cent, and trade sales and wholesale sales were down 3.1 per cent and 6.1 per cent, respectively.
A separate report by TurkStat on Monday, meanwhile, revealed that the total turnover index posted an annual gain of 32.7 per cent in April.
Among sub-indexes, services increased by 42.1 per cent, construction by 41 per cent, trade by 34.6 per cent, and industry by 22.7 per cent on an annual basis in April. The highest increase was seen in administrative and support service activities, while the lowest was in manufacturing.
The turnover index also rose by 0.8 per cent month-over-month in April.
Services went up by 7 per cent, construction by 0.4 per cent, and trade by 0.3 per cent month-on-month in April, while industry turnover declined by 1.6 per cent.