Letland - Detailhandel (Annual)

Retail sales in Latvia decreased 0.4 percent year-on-year in October 2019, following an upwardly revised 0.8 percent fall in the previous month. It was the second straight monthly decline in retail trade, as automotive fuel declined further (-3.2 percent vs -0.3 percent in September). Also, sales of food, beverages & tobacco showed no growth, after rising 0.8 percent in the prior month. On the other hand, non-food sales rebounded (0.3 percent vs -2.1 percent). On a seasonally adjusted monthly basis, retail trade went down 0.2 percent, after an upwardly revised 1.3 percent slump in September.

Retail sales in Latvia decreased 0.4 percent year-on-year in September 2019, after a downwardly revised 2.6 percent rise in the previous month. It was the first fall in retail trade since November 2015, as non-food sales declined (-1.4 percent vs 4.5 percent in August) and automotive fuel (-0.2 percent vs 1.9 percent). On the other hand, food, beverages & tobacco sales advanced faster (0.8 percent vs 0.6 percent). On a seasonally adjusted monthly basis, retail trade slumped 1 percent, after showing no growth in August.

Latvia's retail trade rose 3.1 percent year-on-year in August of 2019, up from an upwardly revised 1.7 percent increase in the previous month. It was the biggest gain in retail sales since April, as sales driven by non-food products (4.5 percent vs 1.9 percent in July) and automotive fuel (2 percent vs -1.7 percent). Meanwhile, sales of food, beverages and tobacco went up at a slower pace (0.7 percent vs 1.4 percent). On a seasonally adjusted monthly basis, retail trade went up 0.2 percent, after a downwardly revised 0.4 percent drop in the previous month.

Latvia´s retail trade increased 1.4 percent year-on-year in July of 2019, easing from a 2.1 percent jump in the prior month. Sales of automotive fuel dropped (-1.7 percent vs 1.0 percent in June) while those of non-food products rose at a softer pace (1.3 percent vs 2.9 percent). Meanwhile, food, beverages or tobacco sales advanced faster (1.4 percent vs 0.8 percent). On a seasonally adjusted monthly basis, retail trade dropped 0.5 percent, after decreasing 0.2 percent in the previous month.

Latvia's retail trade growth picked up to 2.1 percent year-on-year in June 2019 from 1.2 percent in the previous month, boosted by sales of food, beverages or tobacco (0.8 percent vs -0.5 percent) and automotive fuel (1 percent vs -2.9 percent). Meanwhile, non-food trade increased at a slower rate (3.6 percent vs 4.4 percent).

Retail sales in Latvia increased 1.2 percent year-on-year in May 2019, following a downwardly revised 6.3 percent gain in the prior month. It was the slowest rise in retail trade since January, as sales fell for food products (-0.5 percent vs 6.6 percent in April) and automotive fuel (-2.8 percent vs 4.8 percent) while those went up at a softer pace for non-food products (2.1 percent vs 6.2 percent). On a seasonally adjusted monthly basis, retail trade dropped 1.1 percent, after a 0.8 percent increase in April.