Retail Sales in Romania

Romania Retail Sales | Economic News & Forecasts

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

2015   2016   2017   2018   2019  
Retail Sales (annual variation in %)9.5  12.4  10.8  5.5  7.2  

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Romania Retail Sales Chart

Romania Retail
Note: Annual variation of retail sales in %.
Source: National Institute of Statistics and FocusEconomics calculations.

Romania Facts

Value Change Date
Bond Yield4.490.23 %Dec 31
Exchange Rate4.26-0.34 %Dec 31

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