Food, drinks, tobacco, and fuel sales dropped

The turnover in all retail businesses except the car industry has dropped in the first 11 months of last year by 0.1 per cent, compared to the same period in 2012, both according to raw and adjusted data. The reason for the decrease is lower sales numbers in the food, drinks, tobacco, and fuel industries, according to INS. Thus, between January and November 2013, car fuel retail sales in specialized stores dropped by 4.1 per cent according to raw data, while food, drinks, and tobacco sales dropped by 0.5 per cent. Only non-food sales went up, by 2.8 per cent, an INS (the National Institute of Statistics) press release shows.
According to seasonally adjusted data and data adjusted by number of workdays, fuel sales were 4 per cent lower, whereas food, drinks, and tobacco sales were 0.6 percent lower. Non-food sales went up by 3.2 per cent.
Compared to October, the November turnover for retail sales (with the exception of car and motorcycle sales) dropped overall by 2.3 per cent raw and 0.2 per cent adjusted due to lower fuel retail sales in specialized stores (minus 8.4 per cent raw and 0.6 per cent adjusted) and lower food, drinks, and tobacco sales (minus 0.5 percent raw and adjusted). Non-food sales went up by 0.2 per cent raw and 2.8 per cent adjusted.
Compared to November 2012, the turnover for retail sales (except for car sales) went up by 1.8 percent raw thanks to a 5.2 percent increase in non-food sales. Car fuel sales in specialized stores, and food, drinks, and tobacco sales also dropped by 0.6 per cent and 0.5 per cent, respectively.
Also, according to the European Statistical Office (Eurostat, Romania’s retail trade fell 0.3 per cent  in November 2013 compared to the previous month, in what is the second largest decrease recorded by a EU member country. Conversely, in the euro area, retail trade expressed as seasonally adjusted figures rose 1.4 per cent in November 2013 compared with October 2013, while among the member states for which data are available, total retail trade rose in nineteen and fell just in two: Malta (- 2.1 per cent) and Romania (- 0.3 per cent).
November’s unemployment rate steady at 7.3 pc
The seasonally adjusted unemployment rate for November 2013 is estimated at 7.3 percent, at the same level as in October, and 0.6 percentage points higher y-o-y, according to data the National Statistics Institute (INS) released on Wednesday. The number of jobless aged 15 to 74 estimated for November 2013 was 740,000, up from the previous month (736,000) and also from the same month of the year before (669,000 persons).The unemployment rate for adults (aged 25 to 74) estimated for November 2013 was 5.9% (6.4% for men and 5.2% for women).The number of jobless aged 25 to 74 accounts for 73.8% of the total number of unemployed estimated for November 2013.
INS data refer to the unemployment rate calculated according to the definition given by the International Unemployment Office (ILO).
According to the ILO definition, the unemployed are persons aged 15-74 years who simultaneously meet the following 3 conditions: they do not have a job; they are available to start work during the next two weeks; they have been actively seeking for a job, at any time over the past four weeks.

Leave a Reply