Romania jobless rate, retail sales rise on month in February
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Romania's unemployment rate inched up to 5.7% in February, from 5.6% in the previous month, the Bucharest-based National Institute of Statistics (INS) said on Tuesday, citing provisional data.
This was the highest jobless rate since September 2016. There were 478,000 unemployed people in Romania in February, up from 472,000 in January.
The jobless rate among women was 5.8% versus 5.6% among men. The percentage of unemployed people aged between 25 and 74 in the total number of unemployed was 75.8% in February.
According to another report, released by the statistics agency, Romania retail sales declined by a working-day adjusted 1.2% year-on-year in February, following a 2.6% decrease in January. On a month-on-month basis, retail sales increased 0.6% in February, after a 4.1% drop in the preceding month. On an unadjusted basis, retail sales grew 1.3% annually in February and rose 0.2% from the prior month.
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