Analytics, Latvia, Retail, Statistics
International Internet Magazine. Baltic States news & analytics
Thursday, 25.04.2024, 00:28
Retail trade turnover grew by 2.6% in January
Compared to January 2019, the most notable turnover rise was recorded in retail sale of information and communication equipment in specialised stores (of 16.8%), retail sale via mail order houses or via Internet (of 11.7%), as well as retail sale of cultural and recreation goods (10.6%). Turnover decline was registered in retail sale of clothing, footwear and leather goods (of 4.3%).
Total retail trade turnover at current prices increased by 5.9% (not taking into account the calendar influence).
Compared to December, the total turnover of retail trade enterprises in January 2020 rose by 0.6%, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products grew by 2.3%. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 1.4%, but turnover of retail sale of automotive fuel – fell by 5.2%.
Compared to December 2019, the most notable turnover rise was recorded in retail sale of cosmetics and toiletries (of 5.9%), retail sale in non-specialised stores selling mainly non-food products (of 3.8%), as well as retail sale of hardware, instruments, construction materials and sanitary equipment (3.2%). Turnover fell in retail sale of clothing, footwear and leather goods (of 8.1%) and in retail sale via mail order houses or via Internet (of 1.6%).
Compared to December, in January 2020 the total retail trade turnover at current prices (not taking into account seasonality) decreased by 16.6%.
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