Latvia retail sales growth slows in November

Image by Pixabay
Latvia's retail sales grew at a softer pace in November, figures from the Riga-based Central Statistical Bureau (CSB) showed on Dec. 28. Retail sales increased a calendar-adjusted 1.4% year-over-year in November, after a 6.4% rise in October.
Turnover of retail trade in automotive fuels gained 13.3% yearly in November. Sales of food products grew by 2.9%, while those of non-food products decreased by 3.8%.
On a monthly basis, retail sales decreased a seasonally adjusted 1.9% in November, after a 1.0% rise in the previous month.
ADVERTISEMENT
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.