European Economic News

Romania Retail Sales Rise In January

Romania's retail sales increased at the start of the year, figures from the National Institute of Statistics showed Tuesday.

Retail sales excluding motor vehicles climbed a working-day and seasonally adjusted 1.6 percent month-on-month in January.

Sales of food, beverages and tobacco grew 3.2 percent monthly in January, while sales of non-food products fell by 0.3 percent. Motor fuel sales in specialized stores rose 0.2 percent.

Year-on-year, retail sales surged an adjusted 6.8 percent in January. Sales of food, beverages and tobacco rose 7.6 percent and that for non-food products grew by 4.0 percent.

On an unadjusted basis, retail sales plunged 24.4 percent monthly in January , but climbed 6.3 percent from the previous year.

by RTTNews Staff Writer

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