Retail sales volume with constant prices in Türkiye increased by 33.9% in January 2023 compared with the same month of previous year

The calculation of the retail sales indices are based on VAT declarations. In the regions affected by the earthquake disaster in our country, force majeure was declared and VAT declarations were postponed. For this reason, alternative data sources such as e-invoice and e-archive invoice data and statistical methods were used to impute missing observations in the January 2023 calculations. The share of these estimated observations in the total is 6.25%.

Retail sales volume increased by 33.9% on annual basis

Retail sales volume with constant prices (2015=100) increased by 33.9% in January 2023 compared with the same month of previous year.  In the same month food, drinks and tobacco sales increased by 24.4%, non-food (except automotive fuel) sales increased by 42.4%, automotive fuel sales increased by 23.6%.

Retail sales volume annual rate of change (%), January 2023

Retail sales volume increased by 5.4% on monthly basis

Retail sales volume with constant prices (2015=100) increased by 5.4% in January 2023 compared with the previous month.  In the same month food, drinks and tobacco sales increased by 7.4%, non-food (except automotive fuel) sales increased by 5.6%, automotive fuel sales increased by 2.1%.

Retail sales volume monthly rate of change (%), January 2023

Retail sales volume annual and monthly rate of change (%), January 2023

Retail turnover increased by 123.7% on annual basis

Retail turnover with current prices (2015=100) increased by 123.7% in January 2023 compared with the same month of previous year.  In the same month food, drinks and tobacco sales increased by 118.6%, non-food (except automotive fuel) sales increased by 140.8%, automotive fuel sales increased by 84.6%.

Retail turnover annual rate of change (%), January 2023

Retail turnover increased by 10.2% on monthly basis

Retail turnover with current prices (2015=100) increased by 10.2% in January 2023 compared with the previous month.  In the same month food, drinks and tobacco sales increased by 9.8%, non-food (except automotive fuel) sales increased by 12.3%, automotive fuel sales increased by 4.0%.

Retail turnover monthly rate of change (%), January 2023

Retail turnover annual and monthly rate of change (%), January 2023

The next release on this subject will be on April 12, 2023.
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EXPLANATION

Annual changes refer to the change of calendar adjusted index values compared to the same month of the previous year.

Monthly changes refer to the change in seasonally and calendar adjusted index values compared to the previous month.