ADVERTISEMENT

Lithuania retail sales growth slows in May

Retail

Image by Pixabay

Lithuania's retail sales increased at a softer pace in May, figures from Vilnius-based Statistics Lithuania (LS) showed on Monday. Retail sales, excluding VAT (value-added tax), increased a working-day adjusted 18.6% year-on-year in May, following a 36.2% rise in April.

Sales of non-food stores surged 27.3% annually in May and those in specialized stores accelerated 48.9%.

Sales in non-specialized stores and those of food, alcoholic beverages and tobacco increased by 6.6% and 7.4%, respectively. On a month-on-month basis, retail sales grew a seasonally adjusted 1.7% in May. 

Opus Global Share Buyback Program Launches June 17 Figures

Opus Global Share Buyback Program Launches June 17

Gov't to Call HUF 75 bln Tender to Support Innovation by SME... Government

Gov't to Call HUF 75 bln Tender to Support Innovation by SME...

Óbuda Uni Planning Technology and Innovation Park Innovation

Óbuda Uni Planning Technology and Innovation Park

1990s Hungary Inspires Debut Novel ‘Ilona Gets a Phone’ History

1990s Hungary Inspires Debut Novel ‘Ilona Gets a Phone’

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.