Latvia Retail Sales Down in July
Retail sales in Latvia shrank by 2.5% year-on-year in July, following an upwardly revised 2.4% fall in the prior month, figures released by the Riga-based Central Statistical Bureau (CSB) on Tuesday show.
The biggest decreases were seen in retail sales of cultural and recreation goods (-23.0%), non-specialized stores selling mainly non-food products (-21.0%) and electrical household appliances in specialized stores (-11.8%).
On a monthly comparison basis, retail trade fell by 0.5% in July, after a downwardly revised 0.9% drop in the prior month.
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