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

BC, Riga, 30.11.2016.Print version
Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to October 2015, total retail trade turnover in October 2016 rose by 0.2%. Turnover of retail trade in food products decreased by 2.7%, whereas the turnover of retail trade in non-food products increased by 2.0%.

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.

 






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