Analytics, Good for Business, Latvia, Markets and Companies, Retail

Compared to December of previous year, the most significant turnover growth within the non-food products group was recorded in retail sale of information and communication equipment (of 21.1%), retail sale of hardware, paints and glass(of 22.2%), as well as retail sale of cultural and recreation goods (of 8.9%). Turnover drop, in turn, was observed in retail sale via mail order houses or via Internet (of 16.9%), retail sale of clothing, footwear and leather goods (2.6%), electrical household appliances (3.5%), as well as retail sale of pharmaceutical and medical goods (2.5%).

The total retail trade turnover at current prices increased by 7.4% (not taking into account the calendar influence).

Compared to November, in December 2017 retail trade turnover grew by 0.2% (according to seasonally adjusted data at constant prices). Turnover of retail trade in food products increased by 0.3%, turnover of retail trade in non-food products, except for retail sale of automotive fuel, dropped by 0.9%, while turnover of retail sale of automotive fuel went up by 3.7%.

Compared to previous month, turnover rose in retail sale of hardware, paints and glass (by 3.3%), information and communication equipment (by 2.0%), as well as in retail sale via mail order houses or via Internet (by 2.5%) and stalls or markets (by 4.8%).

Turnover drop, in its turn, was recorded in retail sale of electrical household appliances (of 13.5%), retail sale of clothing, footwear and leather goods (7.4%), as well as in retail sale of cultural and recreation goods (3.2%).

Compared to November, in December 2017 the total retail trade turnover at current prices (not taking into account seasonality) increased by 16.9%.

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

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