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Retail sales surge by 16.3% in November

Retail sales surge by 16.3% in November

The country’s retail sales volume, a marker of growing consumer spending, soared 16.3% on an annual basis in November 2021, according to the Turkish Statistical Institute (TurkStat). Non-food sales – excluding automotive fuel – jumped 25.7%, followed by food, drinks and tobacco sales with a jump of 8.8%, TurkStat reported. Automotive sales climbed 7.4% year-on-year...