Romania retail sales growth slows in December
Photo by Stokkete/Shutterstock.com
Romania retail sales grew in December, albeit at a softer pace, figures from the Bucharest-based National Institute of Statistics (INS) showed on Thursday.
Retail sales grew by a working-day adjusted 4.2% year-on-year in December, after a 4.9% increase in November. Sale of non-food products rose 6.8% yearly in December and those of food, beverages and tobacco increased 3.6%.
Meanwhile, sales of motor fuels in specialized stores decreased 0.7%. On a month-on-month basis, retail sales rose 0.2% in December, after a 0.7% increase in the preceding month. On an unadjusted basis, retail sales grew 3.4% annually in December and rose 5.8% from the prior month.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.