Retail sales Y-on-Y in Romania, January 2001 - November 2021:
For that indicator, we provide data for Romania from January 2001 to November 2021. The average value for Romania during that period was 7.38 percent with a minimum of -18.2 percent in April 2020 and a maximum of 39.67 percent in April 2021.
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Longer historical series
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Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.