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Financial News: Romania Retail Sales Growth Slows In March

Romania Retail Sales Growth Slows In March

05/06/2020 - 08:37:00 (RTTNews)

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

Retail sales rose a working-day adjusted 4.1 percent year-on-year in March, following an 8.1 percent increase in February.

Sale of food, beverages and tobacco grew 15.1 percent annually in March.

Sales of non-food products remained unchanged, while hose of motor vehicles in specialized stores fell 8.8 percent.

On a month-on-month basis, retail sales fell 3.6 percent in March, following a 0.9 percent decrease in the preceding month.

On an unadjusted basis, retail sales gained 3.9 percent annually in March and rose 5.0 percent from the prior month.

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