Turkish retail sales surged 16.4% year-on-year in November, signaling a potential economic recovery.

Turkish retail sales saw a significant boost in November 2024, with a 1.9% monthly increase and a 16.4% year-on-year rise. This growth, driven by higher sales in food, non-food items, and online retail, reflects increased consumer confidence and signals potential economic recovery. The surge in retail activity is being closely watched as an indicator of broader economic health in Turkey.