World Footwear

World

Retail trade turnover in Latvia grows in September

Nov 4, 2020 Latvia
Retail trade turnover in Latvia grows in September
Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that in September 2020 total retail trade turnover rose by 5.9% (compared to similar period in 2019)
Turnover of retail trade in food products grew by 5.3% in September. In the same period, retail trade in non-food products (except for retail sale of automotive fuel) increased by 3.5%, but turnover of retail sale of automotive fuel declined by 13.4%.

As compared to September 2019, the most notable turnover growth was registered in retail sale of electrical household appliances in specialised stores (of 32.9%), retail trade in pharmaceutical and medical goods (14.0%) and retail sale in non-specialised stores selling mainly non-food products (9.0%). Significant turnover decline was registered in retail sale via mail order houses or via Internet (of 19.5%), retail sale in stalls or markets (14.1%) and retail sale of clothing, footwear and leather goods (7.8%).

Total retail trade turnover at current prices increased by 5.2 % (not taking into account the calendar influence).

Compared to August, in September 2020, the total turnover of retail trade enterprises rose by 0.4%, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products grew by 0.5%. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 0.4%, but turnover of retail sale of automotive fuel went down by 0.1%. As compared to the previous month, the most notable turnover growth was registered in retail sale of electrical household appliances in specialised stores (of 9.6%), retail sale via mail order houses or via Internet (5.7%) and retail trade in pharmaceutical and medical goods (2.2%). The largest turnover drop was registered in retail sale of clothing, footwear and leather goods (of 4.6%), retail sale of information and communication equipment in specialised stores (3.7%) and retail sale in stalls or markets (3.1%). Compared to August, in September 2020 the total retail trade turnover at current prices (not considering seasonality) decreased by 6.3%.

Image credits: Gabrielle Ribeiro on Unsplash

Related news

Related Organizations

  • Latvian Association of Light Industry Companies

    Latvian Association of Light Industry Companies

    Latvia
  • LIAA - Investment and Development Agency of Latvia

    LIAA - Investment and Development Agency of Latvia

    Latvia