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Turkey’s retail sales down on the month in Dec

by ChemOrbis Editorial Team - content@chemorbis.com
  • 08/02/2017 (15:13)
According to data released by the Turkish Statistical Institute, Turkey’s retail sales posted a decrease on the month in December. The country’s retail sales decreased by 0.8% in December from a month earlier. They also dropped by 2.7% when compared to the same month of last year.

The data showed that retail sales in non-food sectors such as computers, books, telecommunication sales were up by 1.5%; textiles, clothing and footwear increased by 1.7%; sales via mail orders and internet rose by 3.4% while electronic goods and furniture sales were down by 1.6% and medical goods as well as cosmetic sales declined by 1.0% in December on a monthly basis.

The data showed a quarterly drop of 0.3% and an annual drop of 1.7% in the fourth quarter of 2016 while retail sales increased by 0.8% in 2016 when compared to the previous year.
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