Official statistics portal
CSB
Official statistics of Latvia
Official Statistics Portal of Latvia
Press release

Retail trade turnover fell by 8.9 % in January

Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to January 2020, in January 2021 total retail trade turnover reduced by 8.9 %. Retail trade in food products decreased by 0.6 %, retail trade in non-food products (except for retail sale of automotive fuel) – by 23.4 %, but turnover of retail sale of automotive fuel – increased by 14.8 %.

As compared to January 2020, the most notable turnover growth was registered in retail sale of electrical household appliances in specialised stores (of 21.2 %) and retail sale via mail order houses or via Internet (11.9 %). Turnover drop was registered in other retail trade sectors, largest of them – in retail sale of clothing, footwear and leather goods (of 64.0 %), retail sale in non-specialised stores selling mainly non-food products (41.8 %) and retail sale of cultural and recreation goods (29.2 %).

Total retail trade turnover at current prices fell by 11.4 % (not taking into account the calendar influence).

Compared to December, the total turnover of retail trade enterprises in January 2021 fell by 4.9 %, according to seasonally adjusted data at constant prices. Retail trade in food products decreased by 1.4 %, retail trade in non-food products (except for retail sale of automotive fuel) – by 11.8 %. Retail sale of automotive fuel rose by 3.2 %.

Compared to the previous month, the most notable turnover rise was recorded in retail sale via mail order houses or via Internet (of 18.7 %), retail sale of electrical household appliances in specialised stores (16.4 %) and retail sale of information and communication equipment in specialised stores (9.3 %). The largest turnover drop was registered in retail sale of clothing, footwear and leather goods (of 43.5 %), retail sale in non-specialised stores selling mainly non-food products (30.9 %) and retail sale of hardware, instruments, construction materials and sanitary equipment (20.6 %).

Compared to December, in January 2021 the total retail trade turnover at current prices (not taking into account seasonality) decreased by 23.2 %.

Turnover indices of retail trade enterprises by main kind of economic activity

(at constant prices)

 

January 2021 as %,

compared to:

December 2020 (seasonally adjusted)

January 2020 (calendar adjusted)

Retail trade – total

95.1

91.1

retail sale of food products, total

98.6

99.4

retail sale of non-food products, except for retail sale of automotive fuel, total

88.2

76.6

retail sale in non-specialised stores selling mainly non-food products

69.1

58.2

retail sale of information and communication equipment in specialised stores

109.3

90.8

retail sale of electrical household appliances in specialised stores

116.4

121.2

retail sale of hardware, instruments, construction materials and sanitary equipment

79.4

71.1

retail sale of cultural and recreation goods

97.0

70.8

retail trade in pharmaceutical and medical goods

93.9

99.8

retail sale of cosmetics and toiletries

89.4

72.1

retail sale of clothing, footwear and leather goods

56.5

36.0

retail sale in stalls or markets

107.5

76.8

retail sale via mail order houses or via Internet

118.7

111.9

retail sale of automotive fuel

103.2

114.8

Data published might be revised in the following months if additional information will be obtained from stores.

According to methodology of the survey, data on the total net turnover of enterprises also include transactions outside main activity. In some cases these transactions (for example, wholesale) may significantly affect turnover changes in the sector. Total turnover, according to the main activity of enterprises, also includes income from e-commerce.

 

Media requests:
Communication Section
E-mail: media@csb.gov.lv
Phone: +371 67366621, +371 27880666

More information on data:
Matīss Žuravļevs
Trade and Services Statistics Section
E-mail: Matiss.Zuravlevs@csb.gov.lv
Phone: +371 67366664

Share