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Executive Summary
AI-generatedAccording to data released by the Turkish Statistical Institute (TÜİK), retail sales volume increased by 7.7% year-over-year in September. However, this growth rate is the slowest recorded since July 2024, while overall trade sales volume saw a decline of 5.6% annually.
Key Insights
- Retail sales volume grew by 7.7% year-over-year in September, marking the lowest increase in two years.
- Overall trade sales volume decreased by 5.6% compared to the same month last year.
- Monthly retail sales volume increased marginally by 0.1%, while monthly trade sales volume fell by 0.7%.
- Wholesale trade sales volume experienced a significant annual decrease of 10.9%.
- Sales volume for motorized vehicles and motorcycles decreased by 9.6% annually.
Topic context
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