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Latvian retail sales up 1.4% in July.

RIGA, Aug 30 (LETA) - In July 2019, Latvia's calendar-adjusted retail sales rose 1.4 percent at constant prices against the same period a year ago, the Central Statistical Bureau (CSB) informed.

Food retailers saw their sales rise 1.4 percent and non-food retailers' sales (excluding automotive fuel sales) climbed 2.5 percent year-on-year, while retail trade in automotive fuel slowed 1.7 percent.

Compared to July 2018, the most notable turnover growth was recorded in retail sale in non-specialised stores with non-food products predominating (of 33.8 percent), retail sale of information and communication equipment in specialised stores (14.0 percent) and retail sale via stalls and markets (10.7 percent).

The most significant turnover decline, in turn, was registered in retail sale of hardware, paints and glass (of 3.0 percent) and retail sale of electrical household appliances (2.3 percent).

Total retail trade turnover at current prices increased by 5.5 percent (not taking into account the calendar influence).

Compared to June, the total turnover of retail trade enterprises in July 2019 reduced by 0.5 percent, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products grew by 0.3 percent. Turnover of retail trade in non-food products (except for retail sale of automotive fuel) decreased by 1.0 percent, but turnover of retail sale of automotive fuel by 0.6 percent.

Compared to the previous month, the most notable turnover rise was recorded in retail sale of information and communication equipment in specialised stores (of 8.9 percent), retail sale of cultural and recreation goods (of 7.9 percent), as well as retail sale of medical and orthopaedic goods (7.5 percent). The largest turnover drop was registered in retail sale of clothing, footwear and leather goods (of 9.2 percent) and retail sale via stalls and markets (of 6.2 percent).

Compared to June, in July 2019 the total retail trade turnover at current prices (not taking into account seasonality) increased by 3.9 percent, the CSB said.

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Publication:LETA
Geographic Code:4EXLA
Date:Aug 30, 2019
Words:381
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