Romania's retail trade plunged 19.5 percent year-on-year in April 2020, reversing from an upwardly revised 4.1 percent rise in the previous month. This was the first time yearly decline in retail trade since August 2013 and the steepest since the series began in January 2001. On a monthly basis, retail sales tumbled by 19.7 percent in April, after an upwardly revised 5.3 percent increase in March.
Retail Sales YoY in Romania averaged 7.38 percent from 2001 until 2020, reaching an all time high of 32.90 percent in May of 2006 and a record low of -19.50 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 July of 2020.
Retail Sales YoY in Romania is expected to be -16.70 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 1.70 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.