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Analiza ZF · Economic

Romania Adjusted Retail Sales Fell 3.3% On Year In 2011

Romanian adjusted retail sales fell 3.3% in 2011 compared with the previous year, on lower sales in most sectors, the statistics institute INS said Thursday.

de Bogdan Neagu , Senior Editor 02.02.2012 · 10:25 1 min de citit

Sales of food, drinks and tobacco were down 7.1% on the year in 2011 in data adjusted for the number of working days and seasonal factors.

Fuel sales fell 1.8%, but non-food product sales inched up 0.2% in 2011.

In December alone, adjusted retail sales advanced 0.3% compared with November, fueled by increases in non-food product and fuel sales by 1.2% and 0.7% respectively, INS said.

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