Romania's retail trade increased 2.3 percent year-on-year in August of 2020, after an upwardly revised 4.5 percent rise in the previous month. This was the third straight month of increase in retail sales, due to loosening restriction measures to contain spreading the coronavirus outbreak. On a monthly basis, retail sales fell 1.6 percent in August, after an upwardly revised 4.2 percent rise in July.
Retail Sales YoY in Romania averaged 7.26 percent from 2001 until 2020, reaching an all time high of 32.90 percent in May of 2006 and a record low of -19.60 percent in April of 2020. This page provides - Romania Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Retail Sales YoY in Romania is expected to be -4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Romania to stand at 3.50 in 12 months time. In the long-term, the Romania Retail Sales YoY is projected to trend around 7.00 percent in 2021 and 5.00 percent in 2022, according to our econometric models.