Retail sales in Romania down in January 2010

2010-03-09

In January 2010 retail sales decreased in value terms by 10.3% year on year, according to the latest data from the National Institute for Statistics. The decline was largely due to the 13.5% decline in sales of non-food products.
In terms of percentage decline in sales, non-food items were followed by foodstuffs, beverages and tobacco (9.1%).
However, from a month-on-month perspective, basis, retail sales in Romania rose in January 2010 by 1%. Sales of non-food products rose by 7.5% during the same period, while those of foodstuffs, beverages and tobacco were 2.9% higher than in December 2009.