Analytics, Latvia, Retail, Statistics
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Thursday, 25.04.2024, 15:38
Retail trade turnover in Latvia grew by 1.2 %
The most significant turnover growth in the non-food product group was recorded in retail sale via mail order houses or via Internet (of 29.8%), retail sale of automotive fuel (of 13.0%), retail sale in non-specialised stores with non-food products predominating (of 7.2%), retail sale of hardware, paints and glass (of 6.7%) and retail sale of clothing and footwear (of 5.4%). The largest turnover drop, in turn, was observed in retail sale via stalls and markets (of 14.0%), retail sale of medical and orthopaedic goods (of 4.0%) and retail sale of information and communication equipment (of 2.5%).
The total retail trade turnover at current prices increased by 5.5% (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 January, in February 2017 retail trade turnover declined by 0.7% (according to seasonally adjusted data at constant prices). The turnover of retail trade in food products grew by 0.2%, while turnover of retail trade in non-food products fell by 0.7%.
Turnover decline was recorded in retail sale of information and communication equipment (of 7.9%), retail sale of clothing, footwear and leather goods (of 3.4%), retail sale of medical and orthopaedic goods (of 2.1 %), as well as retail sale of automotive fuel (of 0.4%).
Turnover growth, in turn, was registered in retail sale via mail order houses or via Internet (of 6.2%), retail sale in non-specialised stores with non-food products predominating (of 3.3%), retail sale via stalls and markets (of 2.2%), and retail sale of hardware, paints and glass (of 1.4%).
Compared to January, in February 2017 the total retail trade turnover at current prices (not taking into account seasonality) decreased by 5.9%. A year before – in February 2016, compared to January 2016 – the turnover reduced by 3.3%.
Turnover indices of retail trade enterprises by main kind of economic activity
(at constant prices)
| January–February 2017 as %, compared to January–February 2016 (calendar adjusted) | February 2017 (%) compared to | |
January 2017 (seasonally adjusted) | February 2016 (calendar adjusted) | ||
Retail trade – total | 102.5 | 99.3 | 101.2 |
retail sale of food products, total | 99.3 | 100.2 | 98.7 |
retail sale of non-food products, total | 105.2 | 99.3 | 104.4 |
retail sale in non-specialised stores with non-food products predominating | 101.9 | 103.3 | 107.2 |
retail sale of information and communication equipment in specialised stores | 104.0 | 92.1 | 97.5 |
retail sale of hardware, paints and glass | 107.3 | 101.4 | 106.7 |
retail sale of cultural and recreation goods | 100.8 | 99.9 | 97.0 |
retail sale of clothing, footwear and leather goods | 107.9 | 96.6 | 105.4 |
retail sale of medical and orthopaedic goods | 97.1 | 97.9 | 96.0 |
retail sale of automotive fuel | 110.7 | 99.6 | 113.0 |