Analytics, Latvia, Retail, Statistics

The most significant turnover growth in the non-food product group was recorded in retail sale of information and communication equipment (of 19.3%), retail sale of cultural and recreation goods (of 18.3%) and in retail sale automotive fuel (of 12.0%). In turn, a drop in turnover was experienced in retail sale via stalls and markets (of 8.1%), retail sale in non-specialised stores with non-food products predominating (of 5.6%) and retail sale of clothing and footwear (of 2.7%).

Total retail trade turnover at current prices increased by 8.2% (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 February, in March 2017 retail trade turnover increased by 0.1% (according to seasonally adjusted data at constant prices). Turnover of retail trade in food products decreased by 0.5%, whereas the turnover of retail trade in non-food products rose by 0.4%.

Growth in turnover was recorded in retail sale of information and communication equipment (of 11.9%), retail sale of cultural and recreation goods (of 7.5%) retail sale via stalls and markets (of 4.8%), retail sale of pharmaceutical and medical goods (of 1.8%), as well in retail sale of automotive fuel (of 0.4%). In turn, a drop in turnover was experienced in retail sale via mail order houses or via Internet (of 5.8%), retail sale in non-specialised stores with non-food products predominating (of 3.9%), retail sale of clothing, footwear and leather goods (of 3.8 %) and in retail sale of hardware, paints and glass (of 1.1%).

Compared to February, in March 2017 the total retail trade turnover at current prices (not taking into account seasonality) rose by 13.6 %. A year before – in March 2016, compared to February – the turnover increased by 10.6 %.

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