Romania's retail sales slow down to +1.8% y/y in Q2
Romania's retail sales volume index increased by 1.8% y/y in the second quarter of the year (Q2), decelerating from +3.5% y/y in Q1 and +8.6% y/y in 2024, according to data published by the statistics office INS. In seasonally-adjusted…
iulian ernst · Journalist
· Updated · 2 min read
Romania's retail sales volume index increased by 1.8% y/y in the second quarter of the year (Q2), decelerating from +3.5% y/y in Q1 and +8.6% y/y in 2024, according to data published by the statistics office INS. In seasonally-adjusted terms, the sales volume inched up by 0.2% q/q in Q2, after a similarly moderate advance in Q1.
The retail sales have increased significantly last year, but the fiscal and budgetary reform packages will likely moderate the growth rate at least in the coming quarters, not before a jump expected in July in advance of the August 1 VAT rate hike.
