Analytics, Latvia, Retail, Statistics

The most significant turnover growth in the non-food product group was recorded in retail sale of clothing, footwear and leather goods (of 12.5 %), as well as in retail sale of information and communication equipment (of 10.6 %). In turn, the largest drop in turnover was experienced in retail sale via stalls and markets (of 14.2 %) and in non-specialised stores with non-food products predominating (of 2.6 %). Turnover of retail sale in automotive fuel has increased by 8.8 %.

Total retail trade turnover at current prices increased by 8.4% (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 December 2016, the total retail trade turnover in January 2017 increased by 2.4% (according to seasonally adjusted data at constant prices). Turnover of retail trade in food products grew by 4.4%, while turnover of retail trade in non-food products increased by 1.1%.

Growth in turnover was recorded in retail sale of information and communication equipment (of 13.8%), in non-specialised stores with non-food products predominating (of 8.1%), in retail sale of clothing, footwear and leather goods (of 5.3%), in retail sale of hardware, paints and glass (of 2.5%), as well as in retail sale of automotive fuel (of 1.2%). In turn, a drop in turnover was experienced in retail sale via mail order houses or via Internet (of 11.0%), in retail sale via stalls and markets (of 7.3%), as well as in retail sale of pharmaceutical and medical goods (of 2.1%).

Compared to December 2016, the total retail trade turnover at current prices (not taking into account seasonality) decreased by 18.0% in January 2017. A year before – in January 2016, compared to December 2015 – the turnover decreased by 20.0%.

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