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Romania's Jan-April retail sales rise 6.5% y/y

Jun 6, 2024, 11:12:47 AMArticle by Alexandru Cristea
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June 6 (SeeNews) - Romania's retail sales increased by a seasonally and working-day adjusted 6.5% year-on-year in the first four months of 2024, the national statistical office said on Thursday.

Romania's Jan-April retail sales rise 6.5% y/y
Romania's retail sales as of April 2024. Source: INS, unsplash.com

Sales of food, beverages and tobacco increased by an annual 2.1% during January-April, non-food sales rose 12.2% and sales of fuels climbed 4.2%, the statistical office said in a statement.

Based on unadjusted data, retail sales climbed 8.5% on the year between January and April. In April alone, Romania's retail sales increased by an adjusted 9.5% year-on-year.

Compared with the previous month, the adjusted retail turnover volume in April inched up by 0.8% thanks to 2.3% higher sales of food, beverages and tobacco. The sales of non-food products edged up 0.7%, while the sales of automotive fuels declined down by 2.2%. The figures do not include trade in motor vehicles and motorcycles.

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