“This evolution is due to the normalization of the real household disposable income, a rebalancing of the domestic economic policy and the completion of the investment cycle”, Radulescu explained.
The latest statistical data show that retail sales volume grew 1.3% in October 2018, compared with the previous month. The growth was due to an increase in the component of non-foot items, with a 1.6% monthly dynamic.
Also, sales of food, beverages, tobacco and fuel in specialized stores saw a monthly rate of 0.5% in October.
In terms of annual dynamic, retail sales accelerated from 2.7% in September, to 6.6% in October, the best rate since June 2018.