Romania posts second largest retail growth rate among the EU states in May

Razvan Zamfir 03/07/2018 | 15:49

Romania had the second biggest growth of retail trade, 7.1 percent, in EU in May 2018, compared with May 2017, after Hungary’s 7.7 percent.

In May 2018 versus April 2018, retail trade rose 2.1 percent in Romania, the sixth position in EU, after Portugal (4.7 percent), Latvia (3.4 percent), Slovenia (3.1 percent), Estonia and Belgium (2.9 percent). Decreases were observed in Germany (-2.1%), Austria (-0.7%) as well as Spain and Poland both (-0.1%).

In the EU28, the volume of retail trade went up 0.3 percent due to increases in food, drinks and tobacco by 1.2 percent and automotive fuel by 0.1 percent, while non-food products fell by 0.5 percent.

In the EU28, the 2.3 percent increase in retail trade volume is due to rises of 2.8 percent for non-food products, of 2.1 percent for automotive fuel and of 2 percent for food, drinks, tobacco.

The largest decreases were observed in Malta (1.8 percent), Luxembourg (1.2 percent), and Spain (0.4 percent)

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