Romania’s retail sales up 0.9% y/y in August, driven by stronger fuel sales

Romania Insider ·
Romania

Unexpectedly, given the much higher prices, the increase was driven by stronger fuel sales (+2.5% y/y), while the dynamics of food and non-food sales suggest continued pressure on household budgets: food sales contracted by 2.3% y/y, contrasting with a 2.7% increase in non-food sales. “Consumption is starting to show a clearer improvement in the third quarter, supporting our view that consumer…

Read original article on Romania Insider →

Related news