Romanian retail sales slow in April

Retail

Retail sales in Romania grew by 3.7% year-on-year in April, slowing from an upwardly revised 5.6% gain a month earlier, figures released by the Bucharest-based National Institute of Statistics (INS) on Friday show.

Sales moderated for both food, beverages, and tobacco (3.9% vs 6.2% in March), and non-food products (5.3% vs 8.5%).

Meantime, sales of automotive increased (13.3% vs 3.3%).

On a monthly basis, retail sales went up 0.3% in April, the least in three months, after an upwardly revised 0.5% growth in March.

The figures do not include trade in motor vehicles and motorcycles.

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