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In March, retail trade turnover in Latvia rose by 6.5% y-o-y

Tatjana Ballode , Statistics Latvia, 30.04.2015.Print version
Data of Central Statistical Bureau (CSB) show that, compared to February, the total retail trade turnover in March 2015 rose by 0.7%, according to seasonally adjusted data at constant prices. Compared to March 2014, the total retail trade turnover in March 2015 rose by 6.5%.

Retail trade in food products declined by 0.6%, whereas turnover of non-food products rose by 1.6%.

 

Compared to February, the total retail trade turnover at current prices, not taking into account seasonality, in March increased by 13.6%. A year ago – in March 2014, compared to February – turnover grew by 14.4%.


Retail trade turnover indices (as % over average monthly turnover of 2010, at constant prices)

Data source: Central statistical Bureau of Latvia


Compared to March 2014, the total retail trade turnover in March 2015 rose by 6.5%, according to calendar adjusted data at constant prices. Rise in food commodity group comprised 1.4%. In non-food commodity group there was an increase of 10.1%, of which in retail sale of automotive fuel – of 20.4%.

 

Total retail trade turnover at current prices rose by 4.1% (not taking into account the calendar influence).


Changes in turnover of retail trade enterprises (as % of corresponding month of the previous year, at
constant prices,
according to calendar adjusted data)

Data source: Central Statistical Bureau of Latvia


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

 

1st qtr 2015 as % of 1st qtr 2014 (calendar adjusted)

March 2015 (%) over

February 2015 (seasonally adjusted)

March 2014 (calendar adjusted)

Retail trade – total

107.5

100.7

106.5

 

retail sale of  food products, total

104.0

99.4

101.4

 

retail sale of  non-food products, total

109.8

101.6

110.1

 

 

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

89.3

98.3

86.5

 

 

retail sale of pharmaceutical and medical goods

108.6

100.9

105.3

 

 

retail sale of  textiles, clothing, footwear and leather goods

100.0

101.6

104.3

 

 

retail sale of hardware, paints and glass

103.1

102.0

99.9

 

 

retail sale of furniture, lighting equipment and other household articles in specialised stores

110.2

98.1

108.9

 

 

retail sale of automotive fuel

118.7

102.1

120.4

 

Compared to the 4th quarter of 2014 the total retail trade turnover in the 1st quarter of 2015 rose by 2.6%, according to calendar adjusted data at constant prices. Retail trade in food products increased by 2.3%, whereas of non-food products – by 2.8%.

 

Compared to the 1st quarter of the previous year the total retail trade turnover in the 1st quarter of this year increased by 7.5%. Retail trade in food products increased by 4.0%, whereas of non-food products – by 9.8%.

 

More information on seasonally adjusted, calendar adjusted and non-adjusted retail trade turnover indices is available in the CSB database in section "Trade and services".

 






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