Romania's retail trade records largest decline in the EU

09 April 2015
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Romania's retail trade records largest decline in the EU

09 April 2015

The volume of retail trade in Romania dropped by 1.4% in February compared to the previous month. It was the biggest decline recorded in the EU, according to EU’s statistical office Eurostat.

Retail trade remained stable in the EU and recorded a 0.2% decrease in the euro area.

Sales of food, beverages and tobacco dropped by 0.8%, whereas fuel sales went down by 0.4%.

Latvia (1.2%), Malta and Slovenia (1.1%), Lithuania (1%) posted the biggest increases. Second most significant drop after Romania was Portugal’s (-1.2%), followed by Spain’s (-0.7%).

Compared to February 2014, retail trade went up by 3% in the euro area and by 3.6% in the EU.

editor@romania-insider.com

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