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Lithuania Retail Sales Shrink Sligthly in August

Retail

Photo by maxbelchenko / Shutterstock.com

Retail sales in Lithuania fell by 0.9% year-on-year in August, the seventh consecutive month of decline in retail activity, although easing from an upwardly revised 2% drop in the previous month, data from the Vilnius-based Statistics Lithuania (LS) on Wednesday show.

Sales rebounded for non-food products (0.9% vs -2.5% in July), while decreased less for food, beverages & tobacco (-3.2% vs -5.8%). Meanwhile, sales declined for automotive fuel in specialized stores (-0.8% vs 5.1%).

On a monthly comparison basis, retail sales went up 4.2% in August, following an upwardly revised 0.7% drop in the previous month.

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