Latvia Retail Sales Growth Slows In November

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Latvia’s retail sales grew at a softer pace in November, figures from the Central Statistical Bureau showed on Tuesday.

Retail sales increased a calendar adjusted 1.4 percent year-over-year in November, after a 6.4 percent rise in October.

Turnover of retail trade in automotive fuels gained 13.3 percent yearly in November. Sales of food products grew by 2.9percent, while those of non-food products decreased by 3.8 percent.

On a monthly basis, retail sales decreased a seasonally adjusted 1.9 percent in November, after a 1.0 percent rise in the previous month.

The material has been provided by InstaForex Company –

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