ISTANBUL

Türkiye's retail sales surged 18.8% year-on-year in January, the Turkish Statistical Institute (TurkStat) said on Wednesday.

The trade sales volume also jumped 7.6% in the month on a yearly basis, while wholesale trade sales rose 1.5%.

Food, drink, and tobacco sales climbed 9.5% in January, non-food sales rose 26.4%, while automotive fuel sales posted an increase of 0.5%.

Similarly, sales of computers, books, and telecommunications equipment climbed 43.1% on a yearly basis, while online sales rose 29.7%.

On a monthly basis, retail sales were up 2.4% in January1, trade sales rose 0.1%, while wholesales trade declined 1.6%.