bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Monday 25.03.2019 | Name days: Māra, Marita, Mārīte
LatviaLatvia

Latvia's retail trade turnover grows 3.8% in 2013

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUCompared to 2012, total retail trade turnover in 2013 rose by 3.8%. Retail trade in food products has grown by 4.4%, whereas of non-food products – by 3.4%.

Compared to December 2012, total retail trade turnover in December 2013 rose by 4.2%, according to calendar adjusted data at constant prices. Rise in food commodity group comprised 8.6%, but in non-food commodity group – 1.5%, while retail sale of automotive fuel reduced by 8.2%, according to data of the Central Statistical Bureau of Latvia.

Most rapid turnover increase in December was observed in retail sale of furniture, lighting equipment and other household articles – 27.6%, in retail sale via mail order houses or via Internet – 25.5%, in retail sale of second-hand goods – 20.2%, in retail sale of textiles – 15.6%, as well as in retail sale of electrical household appliances – 11.2%.

Compared to the 4th quarter of 2012,total retail trade turnover in the 4th quarter of 2013 grew by 4.0%, according to calendar adjusted data at constant prices. Retail trade in food products has grown by 6.6%, whereas of non-food products – by 2.5%.

As retail trade turnover is significantly affected by public and national holidays, as well as by different price campaigns, in order to ensure that turnover data of all months are mutually comparable, the data are seasonally adjusted. Thus, in December 2013, compared to November, total retail trade turnover at constant prices has dropped by 0.5%. Retail trade in food products has grown by 0.6%, whereas of non-food products – reduced by 1.2%. Retail trade turnover in December is significantly affected by reduction in retail sale of automotive fuel – 4.1%, as well as by drop in retail sale in non-specialised stores selling mainly non-food products – 3.6%.

In comparison with November, total retail trade turnover at current prices in December of last year rose by 16.2% (not taking into account the calendar influence). A year ago – in December 2012, compared to November 2012 – turnover rose by 16.1%. The largest turnover growth was recorded in retail trade of food products – by 20.8%, as well as in sectors providing goods that are traditionally purchased for Christmas presents. For example, retail trade of household electrical appliances grew by 77.2%, retail trade of cosmetics and toiletries increased by 70.3%, retail trade of toys and sporting equipment – by 54.0%, of newspapers, books and stationery – by 47.4%, of watches, jewellery – by 47.1%, as well as of computers and telecommunication equipment – by 43.9%.

Ref: 102.109.109.5662


Leave a reply

Week in Lithuania. MPs vote to give hope of release to life prisoners

The Lithuanian parliament adopted on Thursday, March 21, a package of amendments offering a hope of release to prisoners serving life sentences. The Seimas passed the package with 87 votes in favour and none against.

BNN summary of the week: Britain in tight spot; citizenship for all and Latvia's poor progress

BNN offers a summary of this week’s topical news in a variety of categories: Change; Progress; Rejection; Conflict; Idea; Opinion; Delay.

Crumbling buildings and the future of Riga’s slums

There are many empty buildings in Riga at the moment. However, Riga’s slums have a way to be reborn. One option is Rail Baltica, which could potentially change the situation with jobs in the city centre. Developers might have many complicated objectives ahead of them, considering that more and more people may decide to relocate to Riga’s central districts, said Riga city’s chief architect Gvido Princis in a conversation with BNN about Riga’s slums.

EC Vice-President: like other countries, Latvia has limited progress with EC recommendations

Latvia has limited progress when it comes to implementation of recommendations from the European Commission. Nevertheless, Latvia does not fall from the general EU context, when most member states have a small or limited progress with recommendations, said EC Vice-President Valdis Dombrovskis during a joint meeting with Latvian Saeima’s committees.

Comparing abortions to killing affects Estonian government talks

After figures of the Estonian Conservative People's Party compared abortion to killing of people, the party's partners in coalition talks have voiced criticism.

Latvian Olainfarm minority shareholders urged to attend shareholder meeting

Co-owners of Valerijs Maligins inheritance Nika Saveļjeva and Signe Baldere-Sildedze, as well as Annas Emīlija Maligina’s mother invite Latvian pharmaceutical company Olainfarm minority shareholders to attend an extraordinary shareholders meeting and actively propose their candidates for the council.

Social workers’ wages in Latvia to grow by average of EUR 145 a month

Latvian government has decided to allocate an additional amount of EUR 4.8 million to increase wages for state social care centres starting from 1 April 2019. This will allow increasing their wages by an average of EUR 145 a month. This is provided by the 2019 state budget that has been approved by the Latvian parliament in the first reading, as confirmed by Welfare Ministry.

Germany pushes for funding cuts to EU members violating core values

Germany's federal Foreign Minister believes the European Union should start reducing its solidary funding and introduce sanctions on member states that adopt legislation contrary to European values, for example, free press, rule of law and independent courts.

Association reports Latvia suffers the most from emerging HIV cases

In 2018, 326 new HIV infection cases were registered in Latvia, according to information from Disease Prevention and Control Centre. Inga Upmace, chairperson of Baltic HIV Association, says that even though this is less when compared to 2017, Latvia remains an unfortunate leader among Baltic States for emerging HIV infection cases.

Poll: 40% Britons have felt powerless or angry over Brexit

About 40 percent of the adult population of the United Kingdom have been feeling powerless, angry or worried by Brexit in the past 12 months, a mental health poll showed.

Riga City Council wants a large loan from Latvia’s State Treasury for bridge project

To finance the reconstruction of Krasta Street and Brasas Bridge, Riga City Council plans to take a EUR 14.23 million loan from Latvia’s State Treasury, according to documents added to the working agenda of Riga City Councils Finance and Administrative Affairs Committee.

EU postpones British withdrawal to April 12 or May 22

The United Kingdom has been given two extra weeks by the European Union to decide for the third time on its withdrawal agreement and to leave on April 12 if it is not passed or to leave on May 22 if it is passed.

Less precipitation expected in Latvia this week and more sunlight expected next week

On weekends the sky will be equally cloudy and sunny. Some rain is expected only on Saturday and the night to Sunday. On the night to Saturday, there will be clear sky and air temperature will drop to 0° C… -4° C, according to Latvian State Environment, Geology and Meteorology Centre.

Producer price level in industry in Latvia up 0.6% in February

Compared to January, the level of producer prices in Latvian industry rose by 0.6 % in February 2019. Prices of products sold on the domestic market grew by 1.2 %, but prices of exported products remained the same.

Latvian president proposes giving citizenship to all children born in Latvia

Latvia’s President Raimonds Vējonis has submitted to the Saeima a legislative draft On Ceasing Provision of Non-Citizen Status to Children. This draft suggests giving children born to non-citizen parents Latvian citizenship upon birth starting from 1 January 2020 unless parents have decided on giving their child citizenship of another country, as reported by State President’s Chancellery.

Expert: Latvia has not accomplished with reduction of inequality

In the past seven years Latvia’s government has not properly implemented the recommendations provided by the European Commission on reduction of inequality, European Anti-Poverty Network’s EAPN-Latvia board chairperson Laila Balga told LNT programme 900 seconds on Thursday, 21 March.

Ruling LFGU’s presidential hopeful Skvernelis unveils key foreign policy points

Lagging in the presidential polls behind the frontrunner Gitanas Nausėda and MP Ingrida Šimonytė, Lithuania’s prime minister Saulius Skvernelis, the presidential hopeful of the ruling Farmers and Greens Union, LFGU, is ready to move heaven and earth in attracting voters on his side.

Banks in Estonia adopt increased anti-money laundering regulations

The Estonian Banking Association has decided to task its member lenders to fullfil anti-money laundering due diligence measures in an attempt to further heal Estonian banking reputation scarred by the Danske Bank money-laundering scandal.

Penalty to be applied to people for causing trouble for whistle-blowers in Latvia

Additions to the Latvian Code of Administrative Violations provide the application of a fine of up to EUR 14,000 to a legal person for causing trouble for whistle-blowers or their family members, as reported by Latvian State Chancellery.

New Zealand bans sales of semi-automatic weapons after Christchurch shootings

Assault rifles and military-style semi-automatics have been banned in New Zealand in a government reaction to the Christchurch mosque shootings.

Latvian parties submit 15 candidate lists for European Parliament elections

Five more Latvian political parties and party associations have submitted candidate lists to the Central Election Commission for upcoming European Parliament elections. So far participating parties include the National Alliance, Latvian Association of Regions, Latvian Social Democratic Workers Party, New Conservative Party and KPV LV.

Study: 55.6% of businessmen complain about high taxes in Latvia

Looking at the amount of taxes companies pay, 55.6% of businessmen and CEOs said there are too high, 36.5% said taxes are a bit too high, whereas 7.2% said taxes are as high as they need to be, according to data from Turība University’s Business Index.

Brussels: EU to support short Brexit postponement, if London passes deal

In the Brexit saga, a no-deal withdrawal is possible again as Donald Tusk has warned EU leaders will only agree to a short delay if MPs back Theresa May’s deal in March.

Allowance for people suffering from serious disability to be increased by EUR 100 in Latvia

From 1 July the Latvian government plans to increase the allowance for children and adults who require special care and who suffer from serious health problems from childhood.

Latvian minister: we should work with convicts, not isolate them

People who are currently isolated from society in prisons should not be kept isolated – they should be allowed to re-socialize, said Latvian Justice Minister Jānis Bordāns at a press-conference about the study on former inmates’ abilities to re-socialize.

Newest comments