The volume of turnover in retail trade (except for trade in motor vehicles and motorcycles) decreased in the first month of the current year compared to December 2024, as a gross series, by 19.4%, and as a series adjusted for the number of working days and seasonality it increased by 0.1%, according to data from the National Institute of Statistics (INS) released to the public on Thursday.The decline in the volume of turnover in retail trade (except for trade in motor vehicles and motorcycles), gross series, in January 2025, compared to the previous month, was determined by the decreases recorded in sales of food, beverages and tobacco (-21.3%), sales of non-food products (-20.5%) and in the retail trade of automotive fuels in specialized stores (-12%).On the other hand, the increase in turnover, as a series adjusted for the number of working days and seasonality, was due to the increases recorded in the retail trade of automotive fuels in specialized stores (+0.5%) and in the sales of food, beverages and tobacco (+0.2%). Sales of non-food products decreased by 0.7%.In January 2025, compared to January 2024, the volume of turnover in retail trade (except for trade in motor vehicles and motorcycles), gross series, registered an overall increase of 4.1%, due to the increase recorded in the retail trade of motor vehicle fuels in specialized stores (+7.3%) and in the sales of non-food products (+7%). Sales of food products, beverages and tobacco decreased by 0.9%.In the series adjusted for the number of working days and seasonality, the volume of turnover in retail trade increased, overall, by 3.2%, due to increases in sales of non-food products (+5.8%) and in retail trade of automotive fuels in specialized stores (+1.2%). Sales of food products, beverages and tobacco decreased by 0.2%.
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
Prosecutors with Romania's General Prosecutor's Office have formally changed the legal status of former presidential candidate Călin Georgescu from suspect to defendant, judicial sources told Agerpres on Friday, June 27. The decision comes after Georgescu quoted Corneliu Zelea Codreanu, the leader of...
