Romania Retail Sales Rebound in May
Retail sales in Romania increased by an adjusted 2.7% year-on-year in May, recovering from an upwardly revised 0.5% fall in the previous month, data from the Bucharest-based National Institute of Statistics (INS) showed on Thursday.
Sales picked up for non-food products (3.2% vs 0.1% in April) and food & non-alcoholic beverages (2.1% vs 0.9%), while rebounded sharply for automotive fuel (2.7% vs -4.4%).
On a monthly basis, retail trade grew by 3.2%, the most since March 2021, and following an upwardly revised 2.7% drop in April.
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