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

Compared to May of the previous year, the most significant turnover growth within the non-food products group was recorded in retail sale of hardware, paints and glass (of 26.4%), retail sale of cultural and recreation goods (of 13%), as well as retail sale of electrical household appliances in specialised stores (of 14.6%). The largest turnover drop was observed in retail sale via stalls and markets (of 6.4%), as well as in retail sale via mail order houses or via Internet (7.2%).

The total retail trade turnover at current prices increased by 9.7% (not taking into account the calendar influence).

Compared to April, the total turnover of retail trade enterprises in May 2018 grew by 3.4%, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products increased by 4.5%, turnover of retail trade in non-food products, except for retail sale of automotive fuel, rose by 2.9%, while turnover of retail sale of automotive fuel – by 2.2%.

Turnover fell in retail sale of clothing, footwear and leather goods (of 1.2%), as well as in retail sale via mail order houses or via Internet (of 1.2%).

Turnover growth was recorded in retail sale of electrical household appliances in specialised stores (of 14.2%), retail sale of cultural and recreation goods (of 7.6%), as well as retail sale in stalls or markets (of 5.7%).

Compared to April, in May 2018 the total retail trade turnover at current prices (not taking into account seasonality) increased by 10.8%.

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.