Private consumption shrinks by 3%-4% in Romania after August fiscal corrective package
Jan 12, 2026
Private consumption shrinks by 3%-4% in Romania after August fiscal corrective package.
The retail sales volume index in Romania contracted by 4.7% y/y in November 2025 – the fourth consecutive month with a negative annual dynamics – after the VAT rate hike in August and the gloomy economic outlook eroded households’ real incomes and depressed their propensity for consumption. In (…)
[Read the article in Romania-Insider]