Retail sales up 2 pct in November

Newsroom 08/01/2013 | 14:36

Romania’s adjusted retail sales increased by 2 percent this November compared to the previous month and 3 percent y-o-y, according to data released today by the National Institute of Statistics. This excludes cars and motorcycle sales. Overall, in the first 11 months of 2012, retail sales were up by 3.8 percent (adjusted series) y-o-y.

The increase in November compared to the previous months was mainly generated by higher fuel sales (+3.5 percent), food products, drinks and tobacco (+2 percent) and non-food products (+1.9 percent).

Compared to the previous year, in November 2012 Romanians spent more on food products, drinks and tobacco (+4.6 percent), non-food products (+2.7 percent) and fuels (+1.8 percent).

Overall, the 3 percent hike in the first 11 months of 2011 was mainly generated by higher sales with food products, drinks and tobacco (+4.7 percent), fuels (+3.4 percent) and on-food products (+2.3 percent).

Volume of retail trade up by 0.1 percent in euro area and 0.2 percent in EU27

In November 2012 compared to the previous month, the volume of retail trade was up by 0.1 percent in the euro area and by 0.2 percent in the EU27, according to estimates from Eurostat, the statistical office of the European Union. In October retail trade fell by 0.7 percent in both zones. In November 2012, compared with November 2011, the retail sales index dropped by 2.6% in the euro area and by 1.3% in the EU27.