Analytics, Latvia, Retail, Statistics

International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 16:23

Retail trade turnover in Latvia grew by 1.1 %

Tatjana Ballode Trade and Services Statistics Section, 30.09.2016.Print version
Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to August 2015, total retail trade turnover in August 2016 rose by 1.1%. Turnover of retail trade in food products decreased by 2.3 %, whereas the turnover of retail trade in non-food products increased by 2.8%.

Compared to August 2015, in August 2016 the most significant turnover growth in the non-food product group was recorded in retail sale of clothing, footwear and leather goods (of 23.7%), in retail sale of cultural and recreation goods (of 21.1%), in retail sale of pharmaceutical and medical goods (of 9.0%), in retail sale via mail order houses or via Internet (of 7.9%) and in retail sale in stalls and markets (of 7.2%). In turn, a drop in turnover was recorded in retail sale of electrical household appliances (of 4.9%), in retail sale of information and communication equipment (of 3.0%), in retail sale of hardware, paints and glass (of 2.5%), as well as in retail sale of automotive fuel (of 6.0%).


Total retail trade turnover at current prices remained unchanged (not taking into account the calendar influence).


Turnover indices of retail trade enterprises by main kind of economic activity
(at constant prices)




Compared to July 2016, total retail trade turnover in August 2016 grew by 0.2% (according to seasonally adjusted data at constant prices). Turnover of retail trade in food products increased by 0.5%, whereas the turnover of retail trade in non-food products dropped by 0.9%.


Compared to July, turnover growth was recorded in retail sale of cultural and recreation goods (of 12.6%), in retail sale of electrical household appliances (of 4.6%), in retail sale of clothing, footwear and leather goods (of 3.3%), in retail sale of cosmetics and toiletries (of 3.0%) and in retail sale of pharmaceutical and medical goods (of 2.8%). In turn, a drop in turnover was recorded in retail sale of automotive fuel (of 4.5%), in retail sale via mail order houses or via Internet (of 1.8%), as well as in retail sale of hardware, paints and glass (of 1.1%).


Compared to July 2016, the total retail trade turnover at current prices (not taking into account seasonality) rose by 0.8% in August.






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