Analytics, Latvia, Retail, Statistics

International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 15:38

Retail trade turnover in Latvia grew by 1.2 %

Tatjana Ballode Trade and Services Statistics Section, 30.03.2017.Print version
Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to February 2016, in February 2017 the total retail trade turnover rose by 1.2%. Turnover of retail trade in food products declined by 1.3%, whereas turnover of retail trade in non-food products grew by 4.4%.

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







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