Retail turnover grew nearly 5% in April

Calendar adjusted data (at constant prices) released by the Central Statistical Bureau (CSB) May 27 show that, compared to April 2021, in April 2022 Latvia's total retail trade turnover increased by 4.9 %. 

Turnover of retail trade in food products grew by 3.2%. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 9.5 %, but turnover of retail sale of automotive fuel – reduced by 3.9 %.

As compared to April 2021, the largest turnover rise was registered in retail sale of clothing, footwear and leather goods (of 72.7 %), retail sale of cultural and recreation goods (37.4 %) and retail sale of cosmetics and toiletries (14.1 %). Turnover drop was registered in retail sale via mail order houses or via Internet (of 14.6 %)., retail sale in stalls or markets (8.1 %) and retail sale of electrical household appliances in specialised stores (6.0 %).

Total retail trade turnover at current prices increased by 20.4 % (not taking into account the calendar influence).

However, with rising prices starting to bite many people's wallets, compared to March, the total turnover of retail trade enterprises in April 2022 fell by 4.0 %, according to seasonally adjusted data at constant prices.

Turnover of retail trade in food products grew by 1.3%. Retail trade in non-food products (except for retail sale of automotive fuel) reduced by 4.2 %, but turnover of retail sale of automotive fuel fell by 13.1 %.

Compared to March, in April 2022 the total retail trade turnover at current prices (not taking into account seasonality) decreased by 2.8 %.

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