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Financial News: Romania Retail Sales Rise In July

Romania Retail Sales Rise In July

09/03/2020 - 04:44:00 (RTTNews)

(RTTNews) - Romania retail sales rose at a faster rate in July, figures from the National Institute of Statistics showed on Thursday.

Retail sales grew by working-day adjusted 4.2 percent year-on-year in July, following a 0.7 percent increase in June.

Sale of non-food products rose 10.3 percent yearly in July and food, beverages and tobacco increased 5.9 percent

Meanwhile, sales of motor fuels in specialized stores decreased 4.1 percent.

On a month-on-month basis, retail sales rose 3.9 percent in July, after a 6.1 percent increase in the preceding month.

On an unadjusted basis, retail sales rose 4.7 percent annually in July and grew 10.3 percent from the prior month.

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