Analytics, Good for Business, Latvia, Markets and Companies, Retail
International Internet Magazine. Baltic States news & analytics
Thursday, 25.04.2024, 13:50
In February, retail trade turnover in Latvia grew by 3.7%
Compared to February of the previous year, the most significant turnover growth within the non-food products group was recorded in retail sale of information and communication equipment (of 8.5%), retail sale of hardware, paints and glass (16.6%), as well as retail sale of cosmetic and toilet articles (4.4%). Turnover drop, in its turn, was observed in retail sale via stalls and markets (of 16.4%), as well as retail sale via mail order houses or via Internet (23.8%).
The total retail trade turnover at current prices increased by 5.1% (not taking into account the calendar influence).
Compared to January, in February 2018 the total turnover of retail trade enterprises fell by 2.3% (according to seasonally adjusted data at constant prices). Turnover of retail trade in food products reduced by 1.2%, in non-food products (except for retail sale of automotive fuel) by 5.4%, while turnover of retail sale of automotive fuel grew by 3.5%.
Turnover dropped in almost all retail trade sections, however the most significant decline was observed retail sale of clothing, footwear and leather goods (of 13.1%), retail sale of information and communication equipment (8.3%), retail sale of cultural and recreation goods (5.6%), as well as retail sale via mail order houses or via Internet (8.0%).
Compared to January, in February 2018 the total retail trade turnover at current prices (not taking into account seasonality) decreased by 8.3%. A year ago – in February 2017, compared to January – turnover reduced by 6.0%.
Turnover indices of retail trade enterprises by main kind of economic activity (at constant prices)
|
February 2018
as%, compared to: |
|
January 2018
(seasonally adjusted) |
February 2017
(calendar adjusted) |
|
Retail
trade – total |
97.7 |
103.7 |
retail sale of food products, total |
98.8 |
104.6 |
retail sale of non-food products, total |
97.1 |
103.1 |
retail sale in non-specialised stores with non-food predominating |
95.7 |
91.6 |
retail sale of information and communication equipment in specialised
stores |
91.7 |
108.5 |
retail sale of hardware, paints and glass |
100.0 |
116.6 |
retail sale of cultural and recreation goods |
94.4 |
93.2 |
retail sale of clothing, footwear and leather goods |
86.9 |
99.1 |
retail sale of cosmetic and toilet articles |
95.1 |
104.4 |
retail sale via stalls and markets |
96.1 |
83.6 |
retail sale via mail order houses or via Internet |
92.0 |
76.2 |
retail sale of automotive fuel |
103.5 |
109.3 |
More information on seasonally adjusted, calendar adjusted and non-adjusted retail trade turnover indices is available in the CSB database section Trade and Services.