Compared to May 2021, total retail turnover increased by 4.2% in May 2022.
Food retail turnover increased by 2.9%. Retail trade of non-food products (excluding automotive fuel retail) increased by 7.8%, but automotive fuel retail turnover fell by 2.6 %.
Compared to May 2021, the strongest growth in turnover was recorded in the retail trade of clothing, footwear and leather goods (by 65.2%), the retail trade of pharmaceutical and medical products (8. 9%) and the retail trade of cultural and leisure goods (8.2%). %). A fall in turnover was recorded in retail trade in stalls or markets (by 16.1%), retail trade by mail order or Internet (7.3%) and retail trade in hardware. information and communication in specialized stores (2.4%). In May 2021, there were significant business restrictions in major malls.
Total retail trade turnover at current prices increased by 23.6% (excluding calendar influence), according to calendar-adjusted data (at constant prices) compiled by the Central Bureau of Statistics from Latvia.
Compared to April, the total turnover of retail trade enterprises in May 2022 fell by 1.1%, according to seasonally adjusted data at constant prices. Food retail sales decreased by 1.0%. Retail trade of non-food products (excluding automotive fuel retail) decreased by 1.5%, but automotive fuel retail sales increased by 0.2 %.
Compared to the previous month, the most notable growth in turnover was recorded in non-specialized stores selling mainly non-food products (by 3.9%) and in the retail trade of clothing, footwear and leather goods ( 2.2%). The largest drop in turnover was recorded in the retail trade of cultural and leisure goods (by 16.7%), the retail trade of cosmetics and toiletries (6.3%) and retail trade in stalls or markets (4.9%).
Compared to April, total retail trade turnover at current prices without taking into account seasonality increased by 7.1% in May 2022.
