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Bucharest
June 24, 2021
BUSINESS

Retail trade down 5.6 pc, statistics show

Compared to the same period last year, in Q1 this year food, beverage and tobacco sales dropped by more than 10 per cent, fuel sales dropped by up to 6 per cent and the sales of non-food products dropped by up to 2.4 per cent so that the volume of retail trade dropped by approximately 5.6 per cent, the National Statistics Institute (INS) shows. Thus, in the aforementioned period the turnover volume of retail trade (with the exception of trade in auto vehicles and motorcycles) dropped by 5.5 per cent as gross series as a consequence of drops in the sales of food products, beverages and tobacco (-10.7 per cent), of fuel (-5.1 per cent) and of non-food products (-1.3 per cent).

As a series adjusted to the number of workdays and seasonality the turnover volume of retail trade dropped by 5.6 per cent. The development came as a consequence of drops in the sales of food products, beverages and tobacco (-10.2 per cent), of fuel (-6 per cent) and of non-food products (-2.4 per cent). In March, compared to the month before, retail trade grew by 18.6 per cent as gross series, against the backdrop of growth in the sales of fuel (+24.7 per cent), non-food products (+18.6 per cent), food, beverages and tobacco (+14.9 per cent).

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