Lithuania retail sales growth eases further in April

Retail

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.

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