European Economic News

Latvia's Retail Sales Increase In March

Latvia's retail sales increased sequentially in March, after falling in the previous month, Central Statistical Bureau said Tuesday.

Retail sales turnover increased a seasonally adjusted 2.1 percent month-on-month in March, reversing February's 0.9 percent decline.

Sales of food products increased by 2.4 percent, while sales of non-food products advanced 1.9 percent. Retail sales of automotive fuel were higher by 7.8 percent than in February.

Compared to March 2012, trade in the retail sector climbed a calendar adjusted 8.8 percent during the month. In the January-March period, sales rose 7.2 percent annually.

by RTTNews Staff Writer

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