Retail Sales in Romania
Romania - Retail Sales
Retail sales growth picks up in December
In December, retail sales (excluding the sale of motor vehicles and motorcycles) expanded 6.7% over the same month of the previous year according to the National Institute of Statistics (INSSE). The expansion marks a significant improvement over the 2.1% increase observed in November. According to INSSE, the improvement was mainly the result of an increase in sales of food, beverages and tobacco as well as non-food products.
Monthly data confirms the improvement observed in the annual data. Retail sales rose 7.20% over the previous month in December, which marks a significant improvement over the 2.00% decrease recorded in November.
FocusEconomics Consensus Forecast participants see private consumption rising 1.8% in 2014, which is unchanged from last month's forecast. For 2015, panelists see growth in private consumption at 2.6%.
Romania - Retail Sales Data
|Retail Sales (annual variation in %)||0.5||6.4||8.9||13.5||10.7|
5 years of economic forecasts for more than 30 economic indicators.
Romania Retail Sales Chart
Source: National Institute of Statistics and FocusEconomics calculations.
|Bond Yield||4.74||0.23 %||Jun 13|
|Exchange Rate||4.18||-0.34 %||Jun 13|
|Stock Market||8,477||-0.59 %||Jun 13|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
May 29, 2019
Romania’s economy grew 5.0% year-on-year in the first quarter, according to a preliminary estimate released by the Statistical Institute on 15 May.
May 15, 2019
On 15 May, the National Bank of Romania (NBR) kept the policy rate unchanged at 2.50%, while also leaving the deposit facility rate at 1.50%, the lending facility (Lombard) rate at 3.50% and maintaining the reserve requirements on both leu- and foreign currency-denominated liabilities.
May 14, 2019
Industrial output declined 0.2% on an annual basis in March, contrasting the 1.9% year-on-year rise in February.
May 13, 2019
Consumer prices increased 0.6% from a month earlier in April, up from the 0.5% month-on-month increase in March.
April 8, 2019
A second estimate released on 8 April by the Statistical Institute (INSSE) confirmed that the economy grew 4.1% in the fourth quarter over the same period a year earlier, a notch below the third quarter’s 4.2% expansion.