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Financial News: Romania Retail Sales Growth Slows In November

Romania Retail Sales Growth Slows In November

01/07/2021 - 02:30:00 (RTTNews)

(RTTNews) - Romania retail sales grew at a softer pace in November, figures from the National Institute of Statistics showed on Thursday.

Retail sales grew by a working-day adjusted 5.1 percent year-on-year in November, after a 5.4 percent increase in October.

Sale of non-food products rose 10.7 percent yearly in November and those of food, beverages and tobacco increased 4.6 percent

Meanwhile, sales of motor fuels in specialized stores decreased 4.7 percent.

On a month-on-month basis, retail sales rose 0.7 percent in November, after a 1.5 percent increase in the preceding month.

On an unadjusted basis, retail sales grew 3.3 percent annually in November and rose 1.4 percent from the prior month.

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