Retail figures up on month, down on year

Take note – story published 1 year ago

Calendar adjusted data (at constant prices) published by the Central Statistical Bureau (CSB) May 29 show that, compared to April 2022, in April 2023 Latvia's total retail trade turnover decreased by 3.0 %. 

Turnover of retail trade in food products declined by 6.7 %. Retail trade in non-food products (except for retail sale of automotive fuel) decreased by 4.2 %, but turnover of retail sale of automotive fuel increased by 8.9 %.

Total retail trade turnover at current prices increased by 4.2 % (not taking into account the calendar influence).

Retail, April 2023
Retail, April 2023

Compared to March, the total turnover of retail trade enterprises in April 2023 rose by 1.3 %, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products grew by 6.0 %. Retail trade in non-food products (except for retail sale of automotive fuel) reduced by 1.8 %, but turnover of retail sale of automotive fuel – increased by 1.0 %.

Compared to March, in April 2023 the total retail trade turnover at current prices (not taking into account seasonality) increased by 0.8 %.

Turnover of retail trade enterprises by main economic activity (constant prices)

 

April 2023 as %, compared to:

March 2023 (seasonally adjusted)

April 2022 (calendar adjusted)

Retail trade – total

101.3

97.0

retail sale of food products, total

106.0

93.3

retail sale of non-food products, except for retail sale of automotive fuel, total

98.2

95.8

retail sale in non-specialised stores selling mainly non-food products

84.1

82.2

retail sale of information and communication equipment in specialised stores

96.0

93.1

retail sale of electrical household appliances in specialised stores

92.0

84.8

retail sale of hardware, instruments, construction materials and sanitary equipment

101.3

103.6

retail sale of cultural and recreation goods

95.2

80.3

retail trade in pharmaceutical and medical goods

102.9

100.4

retail sale of cosmetics and toiletries

104.3

93.8

retail sale of clothing, footwear and leather goods

102.0

107.3

retail sale in stalls or markets

93.2

87.4

retail sale via mail order houses or via Internet

99.5

96.4

retail sale of automotive fuel

101.0

108.9

Data published may be subject to revision in coming months.

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