Eurostat: Romania on third spot in EU by November’s retail trade growth

The volume of Romania’s retail trade increased by 9.5 percent in November 2016 compared to the same month of the year before, with only Luxembourg and Slovenia ahead of it in the EU ranking by retail trade growth with 12.4 pct and 11.3 pct, respectively, shows data released on Friday by the European Statistical Office (Eurostat).

In the euro area, the calendar adjusted retail sales index increased by 2.3 percent in November 2016 compared with November 2015, and by 3.4 percent in the EU28.

The YoY advance in the euro area was the effect of the 2.9 pct increase for non-food products, of the 1.9 pct rise in sales of automotive fuel and of the 1.8 pct growth in sales of food, drinks and tobacco. In the EU28, the 3.4 pct increase in the retail trade volume was due to the 4.7 pct rise in non-food products, the 2.3 pct increase in sales of automotive fuel and the 2.1 pct advance in sales of food, drinks and tobacco.

Among member states for which data are available, the highest monthly increases in the total retail trade volume were registered in Luxembourg (+6.2 percent), Estonia (+1.7 percent) and Romania (+1.4 percent).

In November 2016 compared with October 2016, the seasonally adjusted volume of retail trade fell by 0.4 pct in the euro area (EA19) and by 0.1 pct in the EU28, mainly due to the decrease in non-food product sales.

Romania’s National Institute of Statistics announced that compared to the previous month, November’s retail turnover was up both as raw series and as workday and seasonally adjusted series, by 4.4 percent and 1.4 percent, respectively. In a YoY comparison, November’s retail turnover was up 10.5 percent as raw series, and 9.3 percent expressed as workday and seasonally adjusted series.

 

INS: Eleven-month retail turnover up 14.2pct YoY

 

The retail turnover for the interval January – November 2016 was up 14.2 percent from the same period of the year before as raw series, and 14.3 pct up as workday and seasonally adjusted series, the National Institute of Statistics (INS) said in a Friday release.

The retail turnover (except for trade in motor vehicles and motorcycles) for the interval Jan. 1 – Nov. 30, 2016 expressed as raw series advanced 14.2 percent from the similar period of 2015 due to growth in sales of food, beverages and tobacco (+15.5 pct), in sales of non-food products (+15.4 pct) and automotive fuel sales in specialized stores (+10.3 pct),” INS informed.

Expressed as workday and seasonally adjusted series, the retail turnover (except for trade in motor vehicles and motorcycles) advanced by 14.3 pct as an effect of growth in the sales of food, beverages and tobacco (+15.8 pct), non-food products (+14.8 pct) and automotive fuel sales in specialized stores (+10.2 pct).

Compared to the previous month, November’s retail turnover (except for trade in motor vehicles and motorcycles) was up 4.4 percent as raw series and 1.4 pct higher expressed as workday and seasonally adjusted series, respectively.

November’s retail turnover (except for trade in motor vehicles and motorcycles) was up 10.5 percent YoY as raw series, and 9.3 percent as workday and seasonally adjusted series.

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