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Retail trade turnover in Latvia up 7.1% in January

Photo: pixabay.com.
Compared to January 2017, total retail trade turnover rose by 7.1 % in January 2018. Turnover of retail trade in food products increased by 6.9 %, turnover of retail trade in non-food products, except for retail sale of automotive fuel, rose by 8.9 %, whereas turnover of retail sale of automotive fuel – by 3.1 %.

Compared to January 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 11.6 %), retail sale of hardware, paints and glass(of 22.4 %), as well as retail sale of clothing, footwear and leather goods (of 18.9 %). Turnover drop, in turn, was observed in retail sale of electrical household appliances (of 10.6 %), as well as in retail sale of books, newspapers, stationery and audio and video recordings (2.1 %), according to data from the Central Statistical Bureau of Latvia.
 

The total retail trade turnover at current prices increased by 8.6 %.
 

Compared to December 2017, the total turnover of retail trade enterprises in January 2018 grew by 2.1 %, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products increased by 1.8 %, turnover of retail trade in non-food products, except for retail sale of automotive fuel, rose by 3.9 %, while turnover of retail sale of automotive fuel reduced by 1.8 %.
 

Turnover dropped in retail trade in food, beverages and tobacco in specialised stores (of 8.2 %), retail trade of household electrical appliances (of 13.0 %), retail sale of cultural and recreation goods (of 4.1 %), as well as retail sale in stalls or markets (of 7.0 %).
 

Turnover rise, in turn, was observed in retail sale of clothing, footwear and leather goods (of 16.2 %), in retail sale of cosmetics and toiletries (9.9 %), as well as retail sale of information and communication equipment in specialised stores (6.9 %).
 

Compared to December 2017, the total retail trade turnover at current prices decreased by 17.7 % in January 2018. A year ago – in January 2017, compared to December 2016 – turnover reduced by 18.2 %.

BNN

28-02-2018
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