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Moldova 7-mo Retail Sales Fall by Real 4.8% Y/Y

Aug 24, 2009, 4:17:00 PMArticle by Yordan Todorov
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August 24 (SeeNews) - Moldova's retail sales fell by a real 4.8% on the year to 10.73 billion lei ($958 million/670 million euro) in the first seven months of 2009, the country's statistics bureau said.

Moldova 7-mo Retail Sales Fall by Real 4.8% Y/Y

In July alone, retail sales fell by 6.0% on the year to 1.73 billion lei, the bureau said in a statement.

Privately-held companies accounted for 65.7% of all retail sales through July. Their sales decreased by an annual 7.3% in the review period.

Sales of wholly or partially foreign-owned companies increased by an annual 2.7% through July, the statistics office said.

(1 euro=16.0056 Moldovan lei)

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