Latvia Retail Sales Rebound in July
Photo by maxbelchenko / Shutterstock.com
Latvia's retail sales increased slightly in July, after falling in the previous month, figures from the Riga-based Central Statistical Bureau (CSB) showed on Monday.
Retail sales rose a calendar-adjusted 0.5% year-on-year in July, reversing a 0.7% decline in June, which was the first fall in seven months.
Turnover of retail trade in non-food products, except for retail sales of automotive fuels, grew 3.4% yearly in July and those of food products increased 1.7%.
Meanwhile, sales of automotive fuel registered a fall of 8.4% and retail sales via mail order houses or via internet dropped sharply by 10.8%.
On a monthly basis, the seasonally adjusted retail sales declined at a steady rate of 0.4% in July.
ADVERTISEMENT
Banking Assoc Delivers Negative Assessment of Gov't Measures
Parl't Approves Amendments to Legislation on Judiciary
Coca-Cola HBC Hungary to Launch Biggest Investment Since 200...
BKK Steps up Airport Shuttle Bus Service
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.
