Retail sales in Romania plunge by 19.5% in April

Retail sales in Romania plunged by 19.5% in April compared to the same month last year, the statistics office INS announced. The closure of non-essential shops in commercial centers and the movement restrictions for the population have contributed to this decline, according to Romania-Insider.com.

The sales of footwear and clothing suffered the steepest plunge – 83.5%.

Food sales contracted by 4.7% year-on-year. The panic that pushed food sales up 17.7% year-on-year in March dissipated in April as the retail chains showed their capacity to offer a steady supply of necessary goods.

 

The online sales, reported by INS as part of non-food sales (although this might not always be the case) surged by 75% year-on-year as the online retailers capitalized on the movement restrictions and offline retailers quickly adapted to the situation and boosted their online capabilities. As online sales are reported as a whole, their quick rise might mean the declines in other sectors (clothing, food) might have been smaller – part of them moving online where INS is not yet providing detailed data.

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