Retail sales increased in January

The Turkish Statistical Institute (TUIK) announced the retail sales indices for the January 2023 period.

Consequently, the volume of retail sales at constant prices (2015=100) increased 33.9 percent in January 2023 compared to the same month of the previous year. In the same month, sales of food, beverages and tobacco increased 24.4 percent, sales of non-food products (excluding auto fuel) 42.4 percent, and sales of auto fuel 23. 6 percent.

Retail sales volume at constant prices (2015=100) increased 5.4 percent in January 2023 compared to the previous month. In the same month, sales of food, beverages and tobacco increased 7.4 percent, sales of non-food products (excluding auto fuel) increased 5.6 percent, and sales of auto fuel increased 2.1 percent.

RETAIL TURNOVER INCREASED

Retail billing at current prices (2015=100) increased 123.7 percent in January 2023 compared to the same month of the previous year. In the same month, sales of food, beverages, and tobacco increased 118.6 percent, sales of non-food products (excluding auto fuel) 140.8 percent, and sales of auto fuel 84 percent, 6 percent.

Retail billing at current prices (2015=100) increased by 10.2% in January 2023 compared to the previous month. In the same month, sales of food, beverages, and tobacco rose 9.8 percent, sales of non-food products (excluding auto fuel) 12.3 percent, and sales of auto fuel 4. 0 percent.

ALTERNATIVE METHODS USED

In the statement made by TURKSTAT, it was indicated that, when calculating the indices, estimates were made using alternative data sources, such as industrial production surveys, electronic invoices, invoice data from electronic files, and statistical methods for missing observations in the calculations of January 2023. in the earthquake zone.

The proportion of the size estimated by these methods in the total was 6.25 percent.