Analytics, Good for Business, Latvia, Markets and Companies, Retail
International Internet Magazine. Baltic States news & analytics
Thursday, 28.03.2024, 21:52
In March, retail trade turnover in Latvia grew by 0.3%
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.