ADVERTISEMENT

Lithuania Retail Sales Fall in September

Retail

Photo by maxbelchenko / Shutterstock.com

Lithuanian retail sales shrank by 3.4% year-on-year in September, slipping further from an upwardly revised 1.3% fall in the previous month, data from the Vilnius-based Statistics Lithuania (LS) showed on Friday.

It was the eighth consecutive month of contraction and the steepest since April.

Sales declined at a faster pace for both non-food products (-4.8% vs -0.1% in August) and automotive fuel in specialized stores (-2.1% vs -0.9%).

Meanwhile, sales decreased less for food, beverages & tobacco (-2.5% vs -3.1%).

On a monthly comparison basis, retail activity slumped 7.6% in September, shifting from an upwardly revised 4.3% increase in the previous month. 

Angela Saliba Appointed New Multi-Property GM of Marriott Hu... Analysis

Angela Saliba Appointed New Multi-Property GM of Marriott Hu...

Hungary Welcomes Extension of China's Visa Exemption Policy Int’l Relations

Hungary Welcomes Extension of China's Visa Exemption Policy

Finding Expertise, Not Funding It, Greatest Challenge HR

Finding Expertise, Not Funding It, Greatest Challenge

Aldi Opening Biggest Store in Budapest Food

Aldi Opening Biggest Store in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.