Analytics, Latvia, Retail, Statistics
International Internet Magazine. Baltic States news & analytics
Saturday, 20.04.2024, 10:34
Retail trade turnover in Latvia increased by 0.2% in October
Compared to October 2015, in October 2016 the most
significant turnover growth in the non-food product group was recorded in
retail sale of clothing, footwear and leather goods (of 23.6%), in retail
sale via mail order houses or via Internet (of 19.8%), in retail sale of cultural
and recreation goods (of 6.4%), in retail sale of pharmaceutical and
medical goods (of 3.6%) and in retail sale of electrical household
appliances (of 3.3%). In turn, a drop in turnover was recorded in retail sale
of automotive fuel (of 4.2%), in retail sale in non-specialised stores
where mostly non-food products are sold (of 2.0%), as well as in retail
sale of information and communication equipment (of 1.4%).
Total retail trade turnover at current prices decreased by
0.1% (not taking into account the calendar influence).
Retail trade turnover indices
(as % compared to the average monthly turnover of 2010, at constant prices)
Compared to September, the total retail trade turnover in October 2016
increased by 0.6% (according to seasonally adjusted data at constant prices).
Turnover of retail trade in food products decreased by 0.4%, whereas the
turnover of retail trade in non-food products rose by 1.4%.
Turnover growth was recorded in retail sale of electrical
household appliances (of 8.4%), in retail sale of clothing, footwear and
leather goods (of 6.0%), in retail sale via mail order houses or via
Internet (of 2.7%), as well as in retail sale of automotive fuel (of 2.3%). In
turn, a drop in turnover was recorded in retail sale of cultural and recreation
goods (of 3.1%), in retail sale of pharmaceutical and medical goods
(of 2.7%), as well as in retail sale of hardware, paints and glass
(of 0.5%).
Compared to September 2016, the total retail trade
turnover at current prices (not taking into account seasonality) rose by 2.0%
in October.