Türkiye's retail sales grow at strongest pace in 5 months
Customers are seen at a store in a shopping mall in Istanbul, Türkiye, Oct. 3, 2024. (AA Photo)


Türkiye's retail sales increased at the quickest pace in five months in August, official data showed on Friday.

The volume of retail sales surged 13.3% on a yearly basis in August, following a 5.8% rise in July, the Turkish Statistical Institute (TurkStat) said.

This was the fastest increase since March, when sales had risen 19.8%.

Sales of food, drinks, and tobacco alone advanced by 11.3%, and those of non-food products jumped by 17.0% from last year.

On a monthly basis, retail sales gained 2.2% versus a 0.5% increase seen a month ago. This was the third consecutive rise.

In August, wholesale sales climbed 3.1% from a year ago and rose 3.5% from the previous month.