A post by @FirstSquawk on X.
TURKEY (SEP) Retail Trade WDA YoY ACTUAL: 7.7% VS 10.1% PREVIOUS
@FirstSquawk on X
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Turkey’s September retail trade growth slowed to 7.7% year over year from 10.1% in the prior reading, according to data cited by First Squawk. The deceleration points to softer household demand momentum as the pace of retail spending eased from the previous month’s print. The release matters for investors monitoring Turkey’s consumption-driven growth and inflation pressures, since weaker retail activity can signal cooling domestic demand. Traders will watch upcoming consumer inflation, household spending and central bank policy signals to gauge whether the slowdown extends into the fourth quarter.
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Turkey