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Friday 24.11.2017 | Name days: Velta, Velda
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Retail trade turnover in Latvia up 0.9%

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUCompared to June 2015, total retail trade turnover in June 2016 rose by 0.9%. Turnover of retail trade in food products increased by 0.7%, whereas the turnover of retail trade in non-food products grew by 1.5%.

Compared to June 2015, in June 2016 the most significant turnover growth in the non-food product group was recorded in retail sale via mail order houses or via Internet (of 15.4%), in retail sale of pharmaceutical and medical goods (of 6.9%), in retail sale of cultural and recreation goods (of 6.0%) and in retail sale of automotive fuel (of 5.0%). In turn, a drop in turnover was recorded in retail sale of electrical household appliances (of 17.9%), in retail sale in stalls and markets (of 9.9%), in retail sale of information and communication equipment (of 4.0%), as well as in retail sale of hardware, paints and glass (of 2.4%), according to data of the Central Statistical Bureau of Latvia.

Total retail trade turnover at current prices decreased by 0.3% (without taking into account the calendar influence).

Compared to May 2016, the total retail trade turnover in June 2016 decreased by 0.8% (seasonally adjusted data at constant prices). Turnover of retail trade in food products increased by 0.2%, whereas the turnover of retail trade in non-food products dropped by 1.2%.

Compared to May, a drop in turnover was recorded in retail sale of clothing, footwear and leather goods (of 5.1%), in retail sale in stalls and markets (of 4.4%) and in retail sale of automotive fuel (of 2.3%). In turn, turnover growth was recorded in retail sale of furniture, textiles and other household articles (of 4.6%), in retail sale of cosmetics and toiletries (of 4.4%), in retail sale of information and communication equipment (of 2.1%) and in retail sale via mail order houses or via Internet (of 1.5%).

Compared to May 2016, the total retail trade turnover at current prices (not taking into account seasonality) rose by 0.3% in June.

Ref: 102.109.109.6892


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