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Latvia Retail Sales Decrease In August

Retail sales in Latvia declined in August compared with the previous month, the latest figures from the Central Statistical Bureau showed Monday.

Sales dropped 0.4 percent month-on-month in seasonally adjusted terms in August. This comes after a 1.8 percent increase in July.

Retail trade turnover in food products remained the same as in July, whereas that of non-food products dropped 0.6 percent.

Year-on-year, total retail sales increased 2.1 percent in calendar adjusted terms in August. Food sales grew 4.4 percent annually while non-food sales rose 0.7 percent.

During January to August, total retail trade turnover increased 3.9 percent as compared to the same period last year.

by RTTNews Staff Writer

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