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||9.5||12.4||10.8|
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||4.37||0.23 %||Jul 31|
|Exchange Rate||4.25||-0.34 %||Jul 31|
|Stock Market||9,204||-0.59 %||Jul 31|
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August 14, 2019
Romania’s economy grew 4.4% year-on-year in the second quarter, according to a preliminary estimate released by the Statistical Institute on 14 August.
August 12, 2019
Consumer prices declined 0.2% month-on-month in July, matching June’s print.
August 12, 2019
Industrial output fell 0.2% on an annual basis in June, contrasting May’s 0.2% increase.
August 5, 2019
On 5 August, 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.
July 12, 2019
Industrial output rose 0.2% on an annual basis in May, decelerating from April’s 1.4% increase.