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Latvia retail sales growth slows in November

Retail

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. 

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