Analytics, Latvia, Retail, Statistics
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Friday, 29.03.2024, 09:52
Latvia: In November retail trade turnover increased by 1.7%
Compared to November 2018, the most significant turnover rise was recorded in retail sale of cultural and recreation goods (of 19.2%) and retail sale of information and communication equipment (of 16.2%). The most significant turnover decline, in turn, was registered in retail sale of hardware, instruments, construction materials and sanitary goods (of 9.6%).
Total retail trade turnover at current prices increased by 2.0% (not taking into account the calendar influence).
Compared to October, the total turnover of retail trade enterprises in November 2019 rose by 2.6%, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products grew by 1.5%. Turnover of retail trade in non-food products (except for retail sale of automotive fuel) increased by 3.2%, but retail sale of automotive fuel –by 3.5%.
Compared to the previous month, the most significant turnover rise was recorded in retail sale of information and communication equipment (11.1%), as well as in retail sale in non-specialised stores selling mainly non-food products (5.1%). The largest turnover drop was registered in retail sale via mail order houses or via Internet (3.6%).
Compared to October, in November 2019 the total retail trade turnover at current prices (not taking into account seasonality) decreased by 1.9%.