Lithuania retail sales growth eases further in April
Lithuania's retail sales growth eased for the third successive month in April, figures from the Vilnius-based Statistics Lithuania (LS) showed on Friday.
Retail sales, excluding VAT, rose a calendar-adjusted 2.7% year-over-year in April, much slower than March's 8% increase.
Retail sale of automotive fuel alone registered a double-digit growth of 10.7% in April compared to last year and those of non-food products gained 3.2%.
Meanwhile, sale of food, alcoholic beverages and tobacco decreased 2.3% and retail sale via mail order houses or via internet showed a sharp fall of 12.3%.
On a monthly basis, retail sales dropped a seasonally and calendar-adjusted 1.7% in April.
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.