Retail trade growth slows down in Romania in July

05 September 2018
Normal

Retail trade growth slows down in Romania in July

05 September 2018

The retail trade turnover in Romania increased by 5.3% in July compared to the same month of 2017, in gross terms, while in seasonally adjusted terms the growth rate was 5%, according to data from the National Statistics Institute (INS).

Food retail was up 5.8% year-on-year, non-food retail increased by 7.2% while fuel sales only went up by 1.9%.

In June, the increase in retail sales was over 7% compared to June 2017.

In the first seven months of this year, the retail trade turnover went up by 6.4% compared to the same period of 2017, with a 7.4% growth rate for food sales and a 6.9% increase for non-food sales. Fuel sales increased by 3.9% in the same period.

In 2017, the retail trade turnover went up by 10.7% compared to 2016.

editor@romania-insider.com

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