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Romania's Jan-May retail sales rise 6.4% y/y

Jul 5, 2024, 12:29:11 PMArticle by Bogdan Todasca
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July 5 (SeeNews) - Romania's retail sales increased by a seasonally and working-day adjusted 6.4% year-on-year in the first five months of 2024, the national statistical office said on Friday.

Romania's Jan-May retail sales rise 6.4% y/y
Romania's retail sales as of May 2024. Source: INS, unsplash.com

Sales of food, beverages and tobacco increased by an annual 2.8% during January-May, non-food sales rose 11.5% and sales of fuels climbed 3.7%, the statistical office said in a statement.

Based on unadjusted data, retail sales rose 8% on the year in the five months through May. In May alone, Romania's retail sales increased by an adjusted 6.1% and an unadjusted 5.7% year-on-year.

Compared with the previous month, the adjusted retail turnover volume in May inched down by 0.4% as sales of non-food products and automotive fuels fell by 1.3% and 0.9%, respectively. However, food, beverages and tobacco sales increased by 1.2% on the month. The figures do not include trade in motor vehicles and motorcycles.

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