Turkey Retail Sales at Over 1-Year Low

Retail sales in Turkey rose 10.4% year-on-year in July 2026, slowing from a downwardly revised 11.5% in the previous month. It marked the weakest annual growth since March 2025, mainly driven by softer sales in other household equipment in specialized stores (0.7% vs 2.1% in June), other goods in specialized stores (20.5% vs 25.4%), non-specialized stores (3.6% vs 4.2%), and trade not in stores, stalls and markets (19.2% vs 23.4%). Meanwhile, sales growth accelerated for food, beverages and tobacco in specialized stores (4.2% vs 0.6%), automotive fuel in specialized stores (8.0% vs 1.3%), information and communication equipment in specialized stores (10.9% vs 10.5%), cultural and recreation goods in specialized stores (10.9% vs 7.1%), and sales via stalls and markets (18.7% vs 13.4%). On a seasonally adjusted monthly basis, retail sales rose 0.2%, easing from a 0.5% increase in June.






