Strong retail sales, modest fiscal improvement

TURKEY - Report 13 Jul 2025 by Murat Ucer

This is a brief, econ-only report, as our politics author is dealing with a few minor health issues. He will update our readership on recent political developments in the next 24-48 hours.

Industrial production and retail and wholesale trade both rose visibly in May over April, but the big picture is still one of ongoing divergence between the two indices, with retail sales generally heading north, industry stagnating.

Now read on...

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