German DIY retailer Hornbach reported its highest-ever quarterly net sales, driven by growth across most of its markets. However, Romania proved to be an exception, hindering overall performance. Data analyzed by Profit.ro indicates that increased taxes in Romania are negatively affecting consumer spending. This downturn in Romanian consumer expenditure specifically impacted Hornbach’s sales figures within the country. Despite the positive results elsewhere, Romania’s economic climate presented a challenge for the company. The group’s overall success was bolstered by strong performance in other key markets, offsetting the Romanian decline. This highlights a potential sensitivity to fiscal policy within the Romanian retail sector.