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Thursday, 25.04.2024, 14:07
Latvia registered EU's 2nd largest increase in retail trade turnover in May
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The highest increases in total retail trade was observed in Poland – 7.6%, followed by Estonia –5.7%, Ireland – 5.6%, and Hungary – 5.2%.
In Lithuania, year-on-year retail trade turnover rose by 2.4%.
Meanwhile, a reduction in retail trade turnover was only registered in Luxembourg – by 10.6%, Denmark – by 2.4%, and Belgium – by 1.5%.
The annual retail trade turnover increased by 2.4% in the euro area, and by three% in the European Union.
Meanwhile, when compared to the previous month, retail trade turnover in the EU increased by 0.3%, but in the eurozone by 0.2%.
The highest monthly increases in total retail trade were registered in Poland – 1.5%, Estonia – by 1.4%, and Malta – 1.1%.
The largest decreases were registered in Ireland – 2.5%, Denmark – 2.5%, as well as Lithuania – 1.2%.
In Latvia, month-on-month retail trade turnover in May fell by 0.9%.
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