Retail turnover rose by 5.9% in June in Latvia

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Calendar adjusted data (at constant prices) published July 29 by the Central Statistical Bureau (CSB) show that, compared to June 2020, in June 2021 total retail trade turnover rose by 5.9 %.

Turnover of retail trade in food products declined by 2.0 %. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 11.4 %, but the turnover of retail sale of automotive fuel – by 9.6 %.

Compared to June 2020, the most notable turnover rise was recorded in retail sales via mail order houses or via the Internet (of 18.2 %), retail sales in stalls or markets (16.5 %) and retail sales of information and communication equipment in specialised stores (15.4 %). A notable turnover drop was registered in retail sales of cultural and recreation goods (of 9.7 %).

Total retail trade turnover at current prices increased by 9.8 % (not taking into account the calendar influence).

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Compared to May, in June 2021, the total turnover of retail trade enterprises rose by 4.2 %, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products declined by 0.2 %. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 7.4 %, but turnover of retail sale of automotive fuel – by 4.7 %.

The full report is available on the official statistics website.

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