Romania retail sales eases in July

Retail

Romania retail sales grew at a softer pace in July, figures from the Bucharest-based National Institute of Statistics (INS) showed on Friday.

Retail sales rose by a working-day adjusted 8.1% year-on-year in July, after a 12.6% increase in June.

Sales of automotive fuels in specialized stores gained 5.6% yearly in July. Sales of non-food products increased 16.6% and those of food, beverages and tobacco grew 5% On a month-on-month basis, retail sales increased 0.1% in July, after a 1% rise in the preceding month.

On an unadjusted basis, retail sales grew 7.6% annually in July and rose 6.1% from the prior month.

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