Turkey's retail sales growth moderated in April to the lowest level in just over a year, the Turkish Statistical Institute said on Tuesday.
The volume of retail sales rose 11.4 percent yearly in April, much slower than the 21.7 percent surge in March, which was the fastest growth since February 2024. Moreover, the latest rate of expansion was the weakest since March 2025, when sales climbed 10.3 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.