Latvian retail trade turnover rose in November

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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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