Compared to June 2017 total retail trade turnover rose by 5.6% in June 2018. Turnover of retail trade in food products increased by 6.4%, turnover of retail trade in non-food products, except for retail sale of automotive fuel, rose by 5.1%, whereas turnover of retail sale of automotive fuel – by 4.8%.
The most significant turnover growth within the non-food products group was recorded in retail sale of hardware, paints and glass (of 21.2%), retail sale of information and communication equipment (of 10.5%), as well as retail sale of pharmaceutical and medical goods (of 13.8%). The largest turnover drop was recorded in retail sale in stalls or markets (of 12.9%), retail sale of clothing, footwear and leather goods (12.1%), as well as in retail sale of cultural and recreation goods (9.1%), according to data from the Central Statistical Bureau of Latvia.
The total retail trade turnover at current prices increased by 9.2%, without taking into account the calendar influence.
Compared to May the total turnover of retail trade enterprises in June reduced by 1%, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products decreased by 0.7%, turnover of retail trade in non-food products, except for retail sale of automotive fuel, fell by 0.6%, while turnover of retail sale of automotive fuel – by 3%.
Turnover fell in retail sale of clothing, footwear and leather goods (by 6.2%), in retail sale of electrical household appliances (by 10.4 %), as well as in retail sale of cultural and recreation goods (by 10.4%).
Turnover increased in retail sale of pharmaceutical and medical goods (by 6.6%).
Compared to May the total retail trade turnover at current prices in June without taking into account the calendar influence. (BNN/Business World Magazine)