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By bne IntelliNews The seasonally-adjusted retail sales index in Romania (chart) increased by 1.7% in November, after the 1.4% advance in October, marking a visible comeback and reversing the 2.7% contraction accumulated over the previous four months, data published by the statistics office INS show. In annual terms, the retail sales index increased by 3.7% y/y in November, when it reached the highest level since March. The robust increase in real wages amid lower inflation consolidating consumer confidence and the government’s steps to cap the prices of basic food goods were the two main driv…

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