News » February, 2011 » 4 February 2011
End of the year came with disappointing consumer spending figures
04.02.2011, 12:08 | Business | 922 views
Retail sales, the main indicator that measures the consumer spending trend, fell by 7.2% in December last year against the same period of 2009, with the biggest decline being recorded by non-food products, show data of the National Statistics Institute (INS). The last month of the year, which traditionally boasted higher consumption, came with a more significant decline than in preceding months. For the full 2010, retailers' working day and seasonally adjusted turnover fell by 5.5%. Read more on ZF.ro
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