Retail trade turnover in Latvia down 9% in April

Compared to April 2019, total retail trade turnover reduced by 9.0 % in April 2020. Turnover of retail trade in food products has declined by 3.5 %.

Retail trade in non-food products, except for retail sale of automotive fuel, has decreased by 14.9 %, but turnover of retail sale of automotive fuel – by 5.3 %.

As compared to April 2019, the most notable turnover growth was registered in retail sale of electrical household appliances in specialised stores (of 30.0 %), retail sale via mail order houses or via Internet (25.1 %) and retail trade in pharmaceutical and medical goods (3.2 %). Most significant turnover drop was registered in retail sale of clothing, footwear and leather goods (of 56.5 %) and retail sale in stalls or markets (46.0 %) and retail sale of information and communication equipment in specialised stores (24.5 %).

Total retail trade turnover at current prices decreased by 10.1 % (not taking into account the calendar influence).

Compared to March, the total turnover of retail trade enterprises in April 2020 fell by 7.7 %, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products has declined by 6.9 %. Retail trade in non-food products (except for retail sale of automotive fuel) reduced by 8.4 %, but turnover of retail sale of automotive fuel – by 7.5 %.

As compared to the previous month, the most notable turnover growth was registered in retail sale via mail order houses or via Internet (of 30.6 %) and retail sale of electrical household appliances in specialised stores (10.9 %). Most significant turnover drop was registered in retail sale in stalls or markets (of 30.7 %), retail sale of clothing, footwear and leather goods (20.2 %) and retail trade in pharmaceutical and medical goods (19.5 %).

Compared to March, the total retail trade turnover at current prices without taking into account seasonality decreased by 8.4 % in April 2020.