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Romania Retail Sales Drop In April

Romania retail sales dropped in April, as demand remained weak amid the Covid-19 pandemic, figures from the National Institute of Statistics showed on Thursday.

Retail sales dropped a working-day adjusted 18.5 percent year-on-year in April, after a 4.3 percent increase in March.

Sale of motor vehicles in specialized stores declined 37.7 percent annually in April. Sales of non-food products fell 21.6 percent and food, beverages and tobacco decreased 5.0 percent.

On a month-on-month basis, retail sales fell 22.3 percent in April, following a 3.4 percent decrease in the preceding month.

On an unadjusted basis, retail sales declined 19.5 percent annually in April and fell 19.7 percent from the prior month.

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