Turkey’s retail capacity soars 15.5% in December…

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(MENAFN) According to the Turkish Statistical Authority’s statement on Friday, the country’s retail capacity, an indicator of rising consumer spending, soared 15.5% in the last month of 2021 from to the corresponding month of the previous year.

Based on data from the Turkish Statistical Institute (TurkStat), all sub-indices recorded increases on an annual basis last December.

Sales of non-food products (excluding automotive fuel) jumped 28.2% in the last month of 2021, compared to the corresponding month in 2020. Automotive fuel sales also increased by 2.8 %, while those of food, beverages and tobacco rose by 1.7%. during the corresponding period of time.

Among non-food products, sales of textiles, clothing and footwear increased the most, with an increase of 77.3% compared to the last month of 2020, followed by medical and cosmetic goods (16%) and computers, books and telecommunications equipment (13.1%).

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