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Romania's Jan-Sept retail sales rise 5.6% y/y

Nov 8, 2022, 10:54:44 AMArticle by Razvan Timpescu
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November 8 (SeeNews) - Romania's retail sales rose by a seasonally and working-day adjusted 5.6% year-on-year in the first nine months of 2022, the national statistical office, INS, said on Tuesday.

Romania's Jan-Sept retail sales rise 5.6% y/y
Source: INS

On an adjusted basis, sales of food, beverages and tobacco rose by an annual 3.7% during January-September, non-food sales increased 4.3% and sales of fuels were up 9.2% compared to the like period of 2021, INS said in a statement.

Based on unadjusted data, retail sales climbed 4.5% on the year between January-September 2022.

In September alone, Romania's retail sales increased by an adjusted 3.2% year-on-year.

As against the previous month, the adjusted retail turnover volume in September decreased globally by 0.8% due to due to the drops registered by the sale of food, beverages and tobacco (-1.6%) and by the sale of non-food products (-0.8%). The sales of automotive fuel in specialised stores increased by 3.1%.

When compared to August 2022, the gross retail turnover volume in September dropped by an unadjusted 3.6% due to drops registered by the sale of food, beverages and tobacco (-8.3%), by the retail of automotive fuel in specialised stores (-2.2%) and by the sale of non-food products (-0.4%).

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

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