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Wednesday 21.02.2018 | Name days: Eleonora, Ariadne
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Retail turnover up by 9.7%

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The total retail trade turnover at constant prices increased by 9.7% in 2012, of which in food commodity group – by 3.1%, but in enterprises selling non-food products – by 12.9%.

In Q4 of 2012 as compared to Q3 of 2012, retail trade turnover did not change (according to seasonally adjusted data at constant prices). Retail trade of food products decreased by 1.1%, whereas in enterprises selling mainly non-food products it grew by 0.4%, according to data from the Central Statistical Bureau of Latvia.

Compared to Q4 of 2011, retail trade turnover according to calendar adjusted data grew by 9.8%: retail trade in food products increased by 0.9%, while retail trade of non-food products grew by 14.2%.

Compared to November the total retail trade turnover in December 2012 increased by 0.7%, according to seasonally adjusted data at constant prices. Turnover of non-food commodities increased by 1.4% (comprising 70% of the total retail trade turnover in December). As compared to November, retail trade in food products in December dropped by 0.8%.

As retail trade turnover is significantly affected by public and national holidays, as well as by different price campaigns, in order to ensure that December data is comparable with other months, the data is seasonally adjusted.

As compared to the previous month, the total retail trade turnover at current prices in December not taking into account seasonality increased by 16%, of which in food commodity group – by 20.1% and in non-food commodity group – by 13.3%.

The largest turnover growth was recorded in sectors providing goods that are traditionally purchased for Christmas presents. For example, retail trade of cosmetics and perfumery increased by 67.4%, as compared to the previous month, retail trade of stationary – by 51.8% and retail trade of toys and sporting equipment – by 63.4%. In its turn, retail trade of household electrical appliances grew by 64%, while retail trade of clothing and footwear rose by 26.9%.

Compared to December 2011, the total retail trade turnover in December 2012 increased by 12.5% according to calendar adjusted data at constant prices. Retail trade of food products rose by 1.1% and retail sale of non-food products – by 18.2 %, of which retail sale of automotive fuel – by 15.3%.

Compared to the corresponding month of the previous year, the total retail trade turnover at current prices, not taking into account the number of calendar days, increased by 6%.

Ref: 102.109.109.5903


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