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Tuesday 12.11.2019 | Name days: Kaija, Kornēlija
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Retail trade turnover in Latvia up 7% in April

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUCompared to April 2018, total retail trade turnover rose by 7.0 % in April 2019. Turnover of retail trade in food products grew by 6.7 %.

Turnover of retail trade in non-food products (except for retail sale of automotive fuel) increased by 8.1 %, but turnover of retail sale of automotive fuel – by 4.9 %, according to calendar data compiled by the Central Statistical Bureau of Latvia.

Compared to April 2018, turnover growth was recorded in all sectors of retail sale, except retail trade in pharmaceutical and medical goods. The most significant turnover growth was recorded in retail sale in non-specialised stores with non-food products predominating (of 25.6 %), retail sale via mail order houses or via Internet (17.1 %) and of hardware, instruments, construction materials and sanitary goods (13.6 %).

The total retail trade turnover at current prices increased by 9.8 %.

Compared to March, in April 2019 the total turnover of retail trade enterprises grew by 0.9 % (according to seasonally adjusted data at constant prices). Turnover of retail trade in food products grew by 3.1 %. Retail sale of automotive fuel increased by 0.6 %, but turnover of retail trade in non-food products, except for retail sale of automotive fuel, fell by 0.7 %.

Compared to the previous month, the most notable turnover rise was recorded in retail sale of cultural and recreation goods (of 6.3 %), as well as retail sale via mail order houses or via Internet (3 %). The largest turnover drop was registered in retail sale of information and communication equipment in specialised stores (of 7.3 %), as well as in non-specialised stores with non-food products predominating (3.2 %).

Compared to March, the total retail trade turnover at current prices increased by 3.2 % in April 2019.


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