Latvia Retail Sales YoY


Retail sales in Latvia increased 1.2 percent year-on-year in February of 2017, following an upwardly revised 3.8 percent rise in the previous month. It was the weakest increase since October, driven by lower sales of food (-1.3 percent from -0.1 percent); information and communication equipment in specialised stores (-2.5 percent from 10.5 percent); cultural and recreation goods (-3 percent from 4.8 percent); medical and orthopaedic goods (-4 percent from -1.8 percent) and clothing and footwear (5.4 percent from 10 percent). In contrast, sales accelerated for automotive fuel (12 percent from 8.8 percent) and non-specialised stores (7.2 percent from -2.5 percent). Month-over-month, retail sales went down 0.7 percent. Retail Sales YoY in Latvia averaged 5.94 percent from 1999 until 2017, reaching an all time high of 60.60 percent in January of 1999 and a record low of -28.40 percent in September of 2009.


Latvia Retail Sales YoY

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In Latvia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides – Latvia Retail Sales YoY – actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Retail Sales YoY – actual data, historical chart and calendar of releases – was last updated on April of 2017.