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Economic

Romania December Retail Sales Rise At 5th Fastest Pace In EU

Romanian retail sales rose 3.9% in December from the year-earlier month, the fifth largest increase in the European Union, official data showed Friday.

Florentina Dragu · 3 februarie 2012 · 1 min de citit

The bloc’s average growth was 0.1%, EU’s statistics agency Eurostat said.

Among the member states for which data were available, total retail trade fell in ten and rose in eleven. The largest decreases were observed in Portugal (-8.8%), Spain (-5.3%) and Slovakia (-3.3%), and the highest increases in Lithuania (+13%), Latvia (+7.1%) and the United Kingdom (+6.3%).

In December compared with November, Romanian retail sales inched up 0.3%. Sales in the EU bloc rose at a similar pace, the data showed.

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