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ECONOMY

Retail sales in Türkiye surge 11.4% year-on-year in April

ISTANBUL

Türkiye’s retail sales surged 11.4% year-on-year in April, said the Turkish Statistical Institute (TurkStat) on Tuesday.

The trade sales volume edged up 0.1% in the month on a yearly basis, while wholesale trade sales fell 3.3%.

Non-food (except automotive fuel) sales climbed 14.5% in April, and food, drink, and tobacco sales rose 7.6%, while automotive fuel sales posted an increase of 2.7%.

Similarly, sales of computers, books, and telecommunications equipment jumped 18.6% on a yearly basis, while online sales rose 17.9%.

On a monthly basis, on the other hand, retail sales fell 1.7% in April, trade sales decreased 2.7%, while wholesale trade dropped 3.7%.

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