RTIT2204
Retail trade turnover grew by 13.2 % in March
Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to March 2021, in March 2022 total retail trade turnover increased by 13.2 %. Turnover of retail trade in food products grew by 1.2%. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 24.4 %, but turnover of retail sale of automotive fuel – by 12.8 %. In March precautions against the spread of Covid-19 were mitigated.
As compared to March 2021, the largest turnover rise was registered in retail sale of clothing, footwear and leather goods (2.5 times), retail sale of cultural and recreation goods (63.5 %) and retail sale of hardware, instruments, construction materials and sanitary equipment (40.2 %). Turnover drop was registered in retail sale via mail order houses or via Internet (of 17.3 %) and retail sale of information and communication equipment in specialised stores (2.6 %).
Total retail trade turnover at current prices increased by 29.5 % (not taking into account the calendar influence).
Compared to February, the total turnover of retail trade enterprises in March 2022 rose by 11.0 %, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products grew by 1.4%. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 18.6 %, but turnover of retail sale of automotive fuel – by 11.5 %.
Compared to the previous month, the largest turnover growth was observed in retail sale of cultural and recreation goods (of 55.6 %), retail sale of clothing, footwear and leather goods (28.0 %) and retail sale of hardware, instruments, construction materials and sanitary equipment (19.9 %). The largest turnover drop was registered in retail sale via mail order houses or via Internet (of 2.9 %).
Compared to February, in March 2022 the total retail trade turnover at current prices (not taking into account seasonality) increased by 29.7 %.
Turnover indices of retail trade enterprises by main kind of economic activity
(at constant prices)
| March 2022 as %, compared to: | |
February 2022 (seasonally adjusted) | March 2021 (calendar adjusted) | |
Retail trade – total | 111.0 | 113.2 |
retail sale of food products, total | 101.4 | 101.2 |
retail sale of non-food products, except for retail sale of automotive fuel, total | 118.6 | 124.4 |
retail sale in non-specialised stores selling mainly non-food products | 118.1 | 140.1 |
retail sale of information and communication equipment in specialised stores | 105.6 | 97.4 |
retail sale of electrical household appliances in specialised stores | 115.5 | 98.3 |
retail sale of hardware, instruments, construction materials and sanitary equipment | 119.9 | 140.2 |
retail sale of cultural and recreation goods | 155.6 | 163.5 |
retail trade in pharmaceutical and medical goods | 99.9 | 108.6 |
retail sale of cosmetics and toiletries | 105.2 | 107.0 |
retail sale of clothing, footwear and leather goods | 128.0 | 249.1 |
retail sale in stalls or markets | 111.8 | 108.8 |
retail sale via mail order houses or via Internet | 97.1 | 82.7 |
retail sale of automotive fuel | 111.5 | 112.8 |
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 (e.g., wholesale trade) 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@csp.gov.lv
Phone: +371 27880666
More information on data:
Matīss Žuravļevs
Trade and Services Statistics Section
E-mail: Matiss.Zuravlevs@csp.gov.lv
Phone: +371 67366664
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