Analytics, EU – Baltic States, Markets and Companies, Retail

International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 01:31

Latvia registered EU's fifth largest increase in retail trade turnover in January

BC, Riga, 04.03.2015.Print version
In January 2015, compared with January 2014, the volume of retail trade increased by 6.7% in Latvia, which is the fifth best growth among the European Union member states for which data are available, according to latest information provided by Eurostat. In Lithuania, retail volume rose by 3.3%, but in Estonia – by 2.8%, writes LETA.

The highest increases in total retail trade were observed in Luxembourg – 10.7%, Hungary – 8.2%, Poland – 7.5%, and Romania – 7.3%.

 

Meanwhile, decreases were observed in Finland – 1.2% and Belgium – 0.3%.

 

The annual retail trade turnover increased by 3.7% in the euro area, and by four% in the European Union.

 

Meanwhile, when compared to the previous month, retail trade turnover in the EU rose by 0.8%, but in the eurozone – by 1.1%.

 

The highest monthly increases in total retail trade were registered in Portugal – 6.8%, Poland – 3.1%, and Germany – 2.9%.

 

The largest decreases were registered in Great Britain – 0.9%, Lithuania – 0.5%, as well as Bulgaria and Ireland – by 0.1% each.

 

In Estonia, the total retail trade in January 2015, compared to December 2014, increased by 0.3%.





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