Lithuania Retail Sales Fall for 2nd Month in March
Photo by maxbelchenko / Shutterstock.com
Retail sales in Lithuania further dropped by 4.5% year-on-year in March, following an upwardly revised 1.9% fall in the previous month, figures from the Vilnius-based Statistics Lithuania (LS) showed on Thursday.
It was the second consecutive month of decline in retail activity, as sales fell for both food, beverages & tobacco (-8% vs -7.7% in February) and non-food products (-5% vs -1%).
On a monthly comparison basis, retail activity grew 14.2% in March, recovering from 7% fall in the previous month.
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.