Page 51 - TURKRptMay19

4.5.3 Retail sector dynamics
Calendar-adjusted Retail Sales Growth in Turkey (y/y)
% Nov Dec 2018 Jan Feb Average
Total Sales
Food, drinks and tobacco
Non-food (except automotive fuel)
Computer, books, telecommunications equipment Electronic goods and furniture
Textiles, clothing and footwear
Medical goods and cosmetic
Via mail orders and internet
Automotive Fuel
-6.0 -8.8 1.4
-6.3 -4.9
0.9 -2.4 5.6 -2.6
-1.0 -8.2 -14.6 -18.7 4.3 2.4 22.0 -1.7
-9.4 -12.2 -0.3 -10.0
-18.9 -21.1 -3.1 -16.8
-18.0 -18.6 -9.9 -23.1
4.4 1.9 8.7 1.9
0.9 0.0 9.3 2.6
42.1 18.3 22.3 23.9
-6.6 -8.7 0.3 -2.2
source: tuik
Deceleration in retail slump thanks to pre-election stimulus. On April 16, TUIK data showed that Turkey’s calendar-adjusted retail sales contracted for a sixth consecutive month but at a decelerated pace of 4.9% y/y in February compared to the 6.3% y/y and the 8.8% y/y seen in January and December, respectively.
51 TURKEY Country Report May 2019 www.intellinews.com