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Growth in Romanian retail sales slows down

Jul 13, 2021 Romania
Growth in Romanian retail sales slows down
According to figures from the Bucharest-based National Institute of Statistics (INS) Romania retail sales grew at a softer pace in the month of May
 
Retail sales rose by a working-day adjusted 22% year-on-year in May, after a 39.7% increase in April.

Motor fuels in specialized stores gained 32.7% yearly in May. Sales of non-food products increased 25.3% and those of food, beverages and tobacco grew 8.6%.

On a month-on-month basis, retail sales increased 2.4% in May, following a 2.1% rise in the preceding month. On an unadjusted basis, retail sales grew 18.3% annually in May and fell 2% from the prior month.


Image credits: Adrian Dascal on Unsplash

Source: Budapest Sourcing Journal


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