Latvia retail sales rise in December

Retail

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Latvia's retail sales gained a calendar-adjusted 8.3% year-over-year in December, figures from the Riga-based Central Statistical Bureau (CSB) showed on Friday.

Turnover of retail trade in non-food products accelerated 16.2% yearly in December and those of food products grew 1%.

Sales of automotive fuels rose 4.4%.

Sales of clothing, footwear and leather goods rose 62.8% and those of retail sale of cultural and recreation goods grew by 43.8%.

On a monthly basis, retail sales rose a seasonally adjusted 7.2% in December. In 2021, retail sales grew by 2.5%. 

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