Analytics, Latvia, Retail, Statistics
International Internet Magazine. Baltic States news & analytics
Friday, 29.03.2024, 08:25
Latvia: In 2019 retail trade turnover grew by 2.3%
Compared to December 2018, in December 2019 retail trade turnover grew by 3.2% (according to seasonally adjusted data at constant prices). Turnover of retail trade in food products grew by 0.7%. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 5.0%, but turnover of retail sale of automotive fuel – by 3.5%.
Compared to December 2018, the most notable turnover rise was recorded in retail sale of information and communication equipment in specialised stores (of 31.7%), retail sale via mail order houses or via Internet (of 21.0%), as well as retail sale of cultural and recreation goods (7.2%). Turnover decline was registered in retail sale of hardware, instruments, construction materials and sanitary goods (of 4.8%).
Total retail trade turnover at current prices increased by 4.9% (not taking into account the calendar influence).
Compared to November, the total turnover of retail trade enterprises in December 2019 reduced by 0.2%, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products fell by 1.3%. Retail trade in non-food products (except for retail sale of automotive fuel) decreased by 0.2%, but turnover of retail sale of automotive fuel – increased by 2.5%.
Compared to the previous month, the most notable turnover rise was recorded in retail sale via mail order houses or via Internet (of 6.5%) and retail sale of information and communication equipment (6.1%). The largest turnover drop was observed in retail sale of cosmetics and toiletries – by 7.9%.
Compared to November, in December 2019 the total retail trade turnover at current prices (not taking into account seasonality) increased by 14.7%.
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