Lithuania retail sales drop in May
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Lithuania's retail sales dropped in May, which was the first fall in several months, figures from the Vilnius-based Statistics Lithuania (LS) showed on Tuesday.
Retail sales, excluding VAT (value-added tax), fell a calendar-adjusted 0.9% year-on-year in May, after a 2.7% increase in April.
The sale of food, alcoholic beverages, and tobacco decreased 5.3% annually in May, and sales of mail orders or online sales declined 9.6%. Retail sales, excluding motor vehicles and motorcycles, fell 2%. On a monthly basis, retail sales declined a seasonally and calendar-adjusted 0.5% in May.
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