Latvian retail trade turnover rose in November

Data compiled by the Central Statistical Bureau (CSB) show that, compared to November 2018, in November 2019 total retail trade turnover rose by 1.7 %.  

Turnover of retail trade in food products grew by 1.1 %. Turnover of retail trade in non-food products (except for retail sale of automotive fuel) increased by 2.9 %, turnover of retail sale of automotive fuel – reduced by 0.6 %.

Compared to November 2018, the most significant turnover rise was recorded in retail sale of cultural and recreation goods (of 19.2 %) and retail sale of information and communication equipment (of 16.2 %). The most significant turnover decline, in turn, was registered in retail sale of hardware, instruments, construction materials and sanitary goods (of 9.6 %).

Total retail trade turnover at current prices increased by 2.0 % (not taking into account the calendar influence).

Compared to October, the total turnover of retail trade enterprises in November 2019 rose by 2.6 %, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products grew by 1.5 %. Turnover of retail trade in non-food products (except for retail sale of automotive fuel) increased by 3.2 %, but retail sale of automotive fuel –by 3.5 %.

Compared to the previous month, the most significant turnover rise was recorded in retail sale of information and communication equipment (11.1 %), as well as in retail sale in non-specialised stores selling mainly non-food products (5.1 %). The largest turnover drop was registered in retail sale via mail order houses or via Internet (3.6 %).

 

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