Analytics, Latvia, Retail, Statistics

International Internet Magazine. Baltic States news & analytics Wednesday, 24.04.2024, 08:21

In February, retail trade turnover in Latvia increased by 5.9%

Matīss Žuravļevs, Trade and Services Statistics Section, 29.03.2019.Print version
Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to February 2018, in February 2019 total retail trade turnover rose by 5.9 %. Turnover of retail trade in food products grew by 3.4 %. Turnover of retail trade in non-food products (except for retail sale of automotive fuel) increased by 11.3%, but turnover of retail sale of automotive fuel – reduced by 1.9%.

Compared to February 2018, turnover growth was recorded in all sectors of retail sale, except retail sale of automotive fuel. Compared to February 2018, the most significant turnover growth was recorded in retail sale in non-specialised stores with non-food products predominating (of 37.2%), retail sale via mail order houses or via Internet (32.6%), as well as retail sale of information and communication equipment (18.1%).


The total retail trade turnover at current prices increased by 7.4% (not taking into account the calendar influence).




Compared to January, in February 2019 the total turnover of retail trade enterprises grew by 1.6% (according to seasonally adjusted data at constant prices). Turnover of retail trade in food products increased by 2.3%, but turnover of retail trade in non-food products, except for retail sale of automotive fuel, grew by 2.0%. Turnover of retail sale of automotive fuel fell by 0.8%.


Compared to the previous month, the most notable turnover rise was recorded in retail sale via mail order houses or via Internet (of 5.8%) and retail sale of clothing, footwear and leather goods (5.1%). The largest turnover drop, in its turn, was observed in retail sale of pharmaceutical and medical goods (of 3.6%).


Compared to January, in February 2019 the total retail trade turnover of enterprises at current prices (not taking into account seasonality) declined by 5.2%.


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


 

February 2019 (%), compared to:

January 2019 (seasonally adjusted)

February 2018 (%), (calendar adjusted)

Retail trade – total

101.6

105.9

retail sale of food products, total

102.3

103.4

retail sale of non-food products, total

101.2

107.5

retail sale in non-specialised stores selling mainly non-food products

101.9

137.2

retail sale of information and communication equipment in specialised stores

98.6

118.1

retail sale of electrical household appliances in specialised stores

100.5

116.0

retail sale of hardware, paints and glass

103.9

113.1

retail sale of cultural and recreation goods

103.5

107.8

retail sale of pharmaceutical and medical goods

96.4

102.6

retail sale of cosmetics and toiletries

101.6

107.1

retail sale of clothing, footwear and leather goods

105.1

100.1

retail sale in stalls or markets

103.2

110.2

retail sale via mail order houses or via Internet

105.8

132.6

retail sale of automotive fuel

99.2

98.1







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