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Romania's Jan-July retail sales rise 6.2% y/y

Sep 5, 2022, 12:24:43 PMArticle by Razvan Timpescu
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September 5 (SeeNews) - Romania's retail sales rose by a seasonally and working-day adjusted 6.2% year-on-year in the first seven months of 2022, the statistical office, INS, said on Monday.

Romania's Jan-July retail sales rise 6.2% y/y
Source: INS

On an adjusted basis, sales of food, beverages and tobacco rose by an annual 4.6% during January-July, non-food sales increased 4.9% and sales of fuels were up 8.5% compared to the like period of 2021, INS said in a statement.

Based on unadjusted data, retail sales climbed 4.8% on the year between January-July 2022.

In July alone, Romania's retail sales increased by an adjusted 3.4% year-on-year.

As against the previous month, the adjusted retail turnover volume in July increased globally by 0.2% due to increases registered by the sale of non-food products (+0.5%), by the sale of food, beverages and tobacco (+0.4%) and by the retail of automotive fuel in specialised stores (+0.1%).

When compared to June 2022, the gross retail turnover volume in July rose by an unadjusted 6.4% due to increases registered by the retail of automotive fuel in specialised stores (+12.2%), by the sale of food, beverages and tobacco (+7.2%) and by the sale of non-food products (+2.6%).

The figures do not include trade in motor vehicles and motorcycles.

(1 euro = 4.8344 lei)

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