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Moldova 10-mo Retail Sales Fall by Real 4.7%

Nov 20, 2009, 6:26:08 PMArticle by Yordan Todorov
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November 20 (SeeNews) - Moldova's retail sales fell by a real 4.7% on the year to 16.2 billion lei ($1.46 billion/987 million euro) in the first ten months of 2009, the country's statistics bureau said on Friday.

Moldova 10-mo Retail Sales Fall by Real 4.7%

In October alone, retail sales fell by 6.5% on the year in real terms to some 1.792 billion lei, the bureau said in a statement.

Privately-held companies with Moldovan capital accounted for 65.9% of all retail sales through September. Their sales decreased by an annual 6.8% in the review period.

Sales of wholly or partially foreign-owned companies increased by an annual 1.2% through October, the statistics office said.

(1 euro=16.4331 Moldovan lei)

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