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International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 21:52

In March, retail trade turnover in Latvia grew by 0.3%

Tatjana Ballode, Statistics Latvia, 29.04.2016.Print version
Calendar adjusted data (at constant prices) compiled by the Data of Central Statistical Bureau (CSB) show that, compared to March 2015, in March 2016 total retail trade turnover rose by 0.3%. Retail trade in food products grew by 1.0%, whereas retail trade in non-food products – by 0.2%.

Compared to March 2015, in March 2016 the most significant turnover growth was recorded in retail sale via mail order houses or via Internet (of 42.8%), retail sale of information and communication equipment (of 15.3%), retail sale of clothing, footwear and leather goods (of 11.1%), as well as retail sale of pharmaceutical and medical goods (of 9.0%). Whereas retail trade turnover decline was observed in retail sale of automotive fuel (of 12.2%), retail sale of electrical household appliances (of 7.1%), and retail sale of cultural and recreation goods (of 6.4%).

 

Total retail trade turnover at current prices decreased by 1.8% (not taking into account calendar influence).


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


Compared to February, in March 2016 total retail trade turnover fell by 0.1% (according to seasonally adjusted data at constant prices). Retail trade in food products dropped by 2.5%, while retail trade in non-food products grew by 1.0%.

 

Compared to February, the most notable retail trade turnover reduction was recorded in retail sale of cultural and recreation goods (of 9.3%), as well as in retail sale of information and communication equipment (of 5.4%). Whereas turnover increase was observed in retail sale via mail order houses (of 6.8%) and retail sale of clothing, footwear and leather goods (of 2.5%).

Compared to February, in March total retail trade turnover at current prices increased by 10.4% (not taking into account seasonality). A year ago – in March 2015, compared to February – turnover grew by 13.6%.


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

 

Q1 2016 as% of Q1 2015 (calendar adjusted)

March 2016 as%

 over

February 2016 (seasonally adjusted)

March 2015

(calendar adjusted)

Retail trade – total

101.8

99.9

100.3

 

retail sale of  food products, total

101.8

97.5

101.0

 

retail sale of non-food products, total

101.9

101.0

100.2

 

 

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

96.7

103.2

99.6

 

 

retail sale of information and communication equipment in specialised stores

118.9

94.6

115.3

 

 

retail sale of hardware, paints and glass

100.4

100.9

99.5

 

 

retail sale of cultural and recreation goods

102.2

90.7

93.6

 

 

retail sale of clothing, footwear and leather goods

112.7

102.5

111.1

 

 

retail sale of pharmaceutical and medical goods

                108.4

                99.8

109.0

 

 

retail sale of automotive fuel

92.4

100.0

87.8

 

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






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