Retail revenues in Romania down 7.9% in February

Revenues in Romanian retail industry slipped by an annual 7.9 percent in February following drop in sales with fuels and non food products, only partially offset by the higher sales with food stuff, the National Statistics Institute (INS) announced, NewsIn informs.

The biggest slump in the second month this year occurred in retail sales of fuels which lost 15.2 percent, followed by a 9.2 percent decrease of non food goods. On the other hand, sales of tobacco, beverages and food stuff rose by 0.7 percent in February over January.

In February, revenues in whole sales and retail ones for maintaining and repairing cars and motorcycles reduced by 34.9 percent year-on-year after car sales plummeted 49.1 percent.

Revenues in services grew by 0.5 percent year-on-year in February, propelled by a 10.9 percent advance in revenues in gambling and spare time activities, coupled with a 2.1 percent fall in hotels and restaurants revenues.

In the first two months this year retail revenues, without car sales, lowered by 6.1 percent, INS announced. The main reason behind the slump was the 13.1 percent slip of fuel sales coupled with a 3.6 percent decrease of non-food stuff sales.

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