Press Release

Retail trade turnover fell by 1.8 % in March

Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) show that, compared to March 2019, in March 2020 total retail trade turnover[1] reduced by 1.8 %. Turnover of retail trade in food products grew by 7.1 %. Retail trade in non-food products (except for retail sale of automotive fuel) decreased by 8.3 %, but turnover of retail sale of automotive fuel – by 3.3 %.

As compared to March 2019, the most notable turnover growth was registered in retail trade in pharmaceutical and medical goods (of 26.8 %) and retail sale of electrical household appliances in specialised stores (15.5 %). Most significant turnover drop was registered in retail sale of clothing, footwear and leather goods (of 45.6 %) and retail sale in stalls or markets (24.2 %) and retail sale of information and communication equipment in specialised stores (17.1 %).

Total retail trade turnover at current prices remained the same (not taking into account the calendar influence).

Compared to February, the total turnover of retail trade enterprises in March 2020 fell by 5.9 %, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products grew by 2.9 %. Retail trade in non-food products (except for retail sale of automotive fuel) decreased by 14.1 %, but turnover of retail sale of automotive fuel – by 1.5 %.

As compared to the previous month, the most significant turnover growth was recorded in retail trade in pharmaceutical and medical goods (of 14.2 %). Significant turnover decline was registered in retail sale of clothing, footwear and leather goods (of 46.3 %), retail sale of information and communication equipment in specialised stores (29.8 %) and retail sale of cultural and recreation goods (29.7 %).

Compared to February, in March 2020 the total retail trade turnover at current prices (not taking into account seasonality) increased by 4.6 %.

Turnover indices of retail trade enterprises by main kind of economic activity
(at constant prices)

 

March 2020 as %, compared to:

February 2020 (seasonally adjusted)

March 2019 (calendar adjusted)

Retail trade – total

94.1

98.2

retail sale of food products, total

102.9

107.1

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

85.9

91.7

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

76.7

89.4

retail sale of information and communication equipment in specialised stores

70.2

82.9

retail sale of electrical household appliances in specialised stores

93.5

115.5

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

98.8

93.6

retail sale of cultural and recreation goods

70.3

88.1

retail trade in pharmaceutical and medical goods

114.2

126.8

retail sale of cosmetics and toiletries

87.7

96.4

retail sale of clothing, footwear and leather goods

53.7

54.4

retail sale in stalls or markets

85.5

75.8

retail sale via mail order houses or via Internet

95.2

92.4

retail sale of automotive fuel

98.5

96.7

Enterprises with main activity retail sale via mail order houses or via Internet, did not experience turnover growth in March, however, it must be noted that data of these enterprises characterize only part of e-commerce volume. This sector excludes sales turnover of enterprises with another main activity, for example, producers or retail sellers who mainly sell goods in a traditional way – in a store or at market.

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

More information on seasonally adjusted, calendar adjusted and non-adjusted retail trade turnover indices is available in the CSB database section “Trade and services”.

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

[1] Turnover of retail trade enterprises does not include retail trade and repair of motor vehicles and motorcycles.

 

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