Home Economy Latvia Retail Sales Rebound In July

Latvia Retail Sales Rebound In July

by RTTNews Staff Writer

Latvia’s retail sales increased slightly in July, after falling in the previous month, figures from the Central Statistical Bureau showed on Monday.

Retail sales rose a calendar-adjusted 0.5 percent year-over-year in July, reversing a 0.7 percent decline in June, which was the first fall in seven months.

Turnover of retail trade in non-food products, except for retail sales of automotive fuels, grew 3.4 percent yearly in July and those of food products increased 1.7 percent.

Meanwhile, sales of automotive fuel registered a fall of 8.4 percent and retail sales via mail order houses or via internet dropped sharply by 10.8 percent.

On a monthly basis, the seasonally adjusted retail sales declined at a steady rate of 0.4 percent in July.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.



Source links

Related Articles

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy