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Lithuania Retail Sales Rise In May

Lithuania's retail sales rose for the first time in three months in May, figures from the statistical office showed on Friday.

Retail sales, excluding VAT, increased a working-day adjusted 0.9 percent year-on-year in May, after a 17.6 percent fall in April.

Sales of non-food stores increased 6.0 percent annually in May and sales in non-specialized stores rose 1.2 percent.

Sales of food, alcoholic beverages and tobacco increased 1.0 percent.

On a month-on-month basis, retail sales gained 17.5 percent in May. The sales increased after the easing of the quarantine measures related to Covid-19 pandemic.

For the January to May period, retail sales declined by a working-day adjusted 2.5 percent from the same period of the previous year.

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