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

As compared to July 2019, the most notable turnover growth was registered in retail sale of electrical household appliances in specialised stores (of 27.1%), retail sale of cultural and recreation goods (12.3%), and retail trade in pharmaceutical and medical goods (10.1%). Turnover decline was registered in retail sale in stalls or markets (of 9.7%) and retail sale of clothing, footwear and leather goods (3.2%).

Total retail trade turnover at current prices increased by 3.7 % (not taking into account the calendar influence).

Compared to June, the total turnover of retail trade enterprises in July 2020 fell by 0.9%, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products declined by 2.2%. Retail trade in non-food products (except for retail sale of automotive fuel) did not change, but turnover of retail sale of automotive fuel – fell by 0.5%.

As compared to the previous month, the largest turnover growth was registered in retail sale of information and communication equipment in specialised stores (of 11.5%), retail sale in stalls or markets (9.1%) and retail sale of cosmetics and toiletries (4.9%). The largest turnover drop was registered in retail sale of clothing, footwear and leather goods (9.3%) and retail sale via mail order houses or via Internet (5.0%).

Compared to June, in July 2020 the total retail trade turnover at current prices (not taking into account seasonality) increased by 5.0%.

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”.

Data published might be revised in the following months if additional information will be obtained from stores.