Turnover in Romanian retail sector up by 6.4 pct in January, says INS

The turnover in the retail secto went up by 6.4 percent in January, compared to the same month of last year, but went down by 24.9 percent compared with December, says the National Institute of Statistics (INS).

„The turnover volume for the retail (except the cars and motors trade), on gross series in January 2017 registered a growth by 6.4 percent compared with January 2016 due to the retail growth in fuels for cars in specialized stores (15.5 percent), the non-food sale (5.8 percent) and the sales in food, beverages and tobacco (2.6 percent),” says the INS.

On the other hand, on adjusted series taking into account the number of working days and seasons, the turnover volume for retail (except the cars and motors trade) registered in January a growth by 6.2 percent compared with the same period of 2016 due to the increases in fuel retail for cars in specialized stores (12.4 percent), sales in non-food products (7.3 percent) and food, beverages and tobacco (3 percent).

Compared with December, the turnover volume for retail (except the cars and motors trade) on gross series in January went down overall by 24.9 percent due to drop in sales in non-food products (-32.8 percent) , the sales in food products, beverages and tobacco (-21.4 percent) and the fuels retail in specialized stores (-12.4 percent).

In the mentioned period the sales in non-food products went down by 6.2 percent.