Romania retail sales growth slows in December

Retail

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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.

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