RTIT2406
Retail trade turnover grew by 1.0 % in May
Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to May 2023, in May 2024 total retail trade turnover increased by 1.0 %. Turnover of retail trade in food products fell by 0.5%. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 0.8 %, but turnover of retail sale of automotive fuel – by 4.5 %.
As compared to May 2023, the largest turnover rise was registered in retail sale of information and communication equipment in specialised stores (of 26.0 %), retail sale of clothing, footwear and leather goods (12.3 %) and retail sale of electrical household appliances in specialised stores (8.0 %). Turnover drop was registered in retail sale in non-specialised stores selling mainly non-food products (of 25.1 %) and retail sale in stalls or markets (11.2 %).
Total retail trade turnover at current prices increased by 4.7% (not taking into account the calendar influence).
Compared to April, the total turnover of retail trade enterprises in May 2024 rose by 0.3 %, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products grew by 0.2%. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 0.3 %, but turnover of retail sale of automotive fuel by 0.2 %.
As compared to the previous month, the most notable turnover growth was registered in retail sale of cultural and recreation goods (of 12.9 %) and retail sale of clothing, footwear and leather goods (4.6 %). The largest turnover drop was registered in retail sale in non-specialised stores selling mainly non-food products (of 4.8 %) and retail sale in stalls or markets (3.2 %).
Compared to April, in May 2024 the total retail trade turnover at current prices (not taking into account seasonality) increased by 7.1 %.
Turnover indices of retail trade enterprises by main kind of economic activity
(at constant prices)
| May 2024 as %, compared to: | |
April 2024 (seasonally adjusted) | May 2023 (calendar adjusted) | |
Retail trade – total | 100.3 | 101.0 |
retail sale of food products, total | 100.2 | 99.5 |
retail sale of non-food products, except for retail sale of automotive fuel, total | 100.3 | 100.8 |
retail sale in non-specialised stores selling mainly non-food products | 95.2 | 74.9 |
retail sale of information and communication equipment in specialised stores | 101.1 | 126.0 |
retail sale of electrical household appliances in specialised stores | 101.3 | 108.0 |
retail sale of hardware, instruments, construction materials and sanitary equipment | 99.9 | 100.3 |
retail sale of cultural and recreation goods | 112.9 | 101.3 |
retail trade in pharmaceutical and medical goods | 99.6 | 99.5 |
retail sale of cosmetics and toiletries | 98.3 | 103.1 |
retail sale of clothing, footwear and leather goods | 104.6 | 112.3 |
retail sale in stalls or markets | 96.8 | 88.8 |
retail sale via mail order houses or via Internet | 101.6 | 100.4 |
retail sale of automotive fuel | 100.2 | 104.5 |
Data published might be revised in the following months if additional information will be obtained from stores.
Media requests:
Communication Section
E-mail: media@csp.gov.lv
Phone: +371 27880666
More information on data:
Ieva Vanaga
Trade and Services Statistics Section
E-mail: Ieva.Vanaga@csp.gov.lv
Phone: +371 67366738
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