Trade and retail sales volume data announced for August
According to data announced by the Turkish Statistical Institute, a significant increase was observed in retail trade sales volume in August.
The Turkish Statistical Institute announced the trade sales volume index data for August. Accordingly, the trade sales volume recorded a slight increase in August compared to the previous month.
Monthly Change Rates
According to data from the Turkish Statistical Institute, the trade sales volume increased by 0.2 percent in August compared to the previous month.
In the same period, the sales volume for the wholesale and retail trade and repair of motor vehicles and motorcycles decreased by 1 percent.
Retail and Wholesale Trade
While the wholesale trade sales volume recorded a 0.2 percent decline in August compared to the previous month, the retail trade volume increased by 1.4 percent.
Developments on an Annual Basis
The trade sales volume experienced a 0.6 percent increase in August compared to the same month of the previous year, while the retail trade sales volume rose by 10.1 percent.
Annual Sectoral Declines
Compared to the same month of the previous year, the sales volume for the wholesale and retail trade and repair of motor vehicles and motorcycles fell by 11.2 percent.
Additionally, the wholesale trade sales volume recorded a 1.9 percent decline on an annual basis.