Latvia retail sales rise in May

Retail

Latvia's retail sales increased in May, figures from the Riga-based Central Statistical Bureau (CSB) showed on Tuesday. Retail sales grew a calendar-adjusted 3.2% year-over-year in May.

Turnover of retail trade in non-food products rose 4.1% yearly in May and those of food products increased 1%.

Sales of automotive fuels gained 5.2%.

Turnover of retail sales of information and communication equipment in specialized stores gained 2.9% and sales of clothing and footwear grew 2.2%.

On a monthly basis, retail sales decreased a seasonally adjusted 3.9% in May. 

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