Romanian Retail Sales Growth Eases in July
Retail sales in Romania rose by 3.4% year-on-year in July, slowing from a marginally revised 4.3% gain a month earlier, figures from the Bucharest-based National Institute of Statistics (INS) showed on Monday.
The latest figure marked the 17th straight month of growth in retail trade but the softest pace since a decline in February 2021.
Sales moderated for both food, beverages, and tobacco (3.2% vs 4.2% in June) and automotive (5.2% vs 6.6%). Meanwhile, sales of non-food products grew faster (2.5% vs 1.4%).
On a monthly basis, retail sales increased 0.2% in July, swinging from a marginally revised 2% fall in June.
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