FX.co ★ Turkey Retail Sales Hit Over 2-Year Low

Retail sales in Turkey rose by 7.7% year-on-year in September 2026, slowing from a downwardly revised 10% in August. This was the weakest annual increase since July 2024 and reflected a broad moderation in sales growth across several categories.

Growth eased for automotive fuel in specialized stores (6% vs 6.8% in August), cultural and recreation goods in specialized stores (7.2% vs 7.9%), other goods in specialized stores (9.9% vs 20.5%), sales via stalls and markets (3.8% vs 10.7%), and trade not conducted in stores, stalls, or markets (17.1% vs 17.9%).

By contrast, sales growth strengthened in non-specialized stores (6.6% vs 5.6%), food, beverages, and tobacco in specialized stores (4% vs 2.9%), and information and communication equipment in specialized stores (12.9% vs 8.6%). Additionally, the decline in sales of other household equipment in specialized stores became less pronounced (-1.3% vs -2%).

On a seasonally adjusted monthly basis, retail sales growth decelerated markedly, rising just 0.1% in September after an upwardly revised 1.6% increase in August, which had been a three-month high.