FOREX TradingCharts.com

Financial News: Latvia Retail Sales Growth At 8-Month High

Latvia Retail Sales Growth At 8-Month High

12/29/2022 - 08:51:00 (RTTNews)

(RTTNews) - Latvia's retail sales grew for the third straight month in November and at a faster pace in eight months, largely driven by a surge in sales of clothing, footwear, and leather goods, figures from the Central Statistical Bureau showed on Thursday.

Retail sales climbed a calendar-adjusted 10.7 percent year-over-year in November, following a 5.9 percent gain in the previous month.

Further, this was the strongest rate of growth since March, when sales had risen 12.0 percent.

Retail sales of clothing, footwear, and leather goods grew the most by 94.4 percent from last year, and sales of cultural and recreation goods rose by 57.3 percent.

The turnover of retail trade in non-food products, except for retail sales of automotive fuels, grew 23.3 percent yearly in November, while that of food products decreased 3.0 percent.

Data showed that sales of automotive fuel registered an increase of 9.1 percent, while retail sales via mail-order houses or the internet dropped sharply by 14.5 percent.

On a monthly basis, retail sales rebounded by a seasonally adjusted 1.3 percent in November versus a 0.6 percent decrease in October.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Dutch Producers Slightly More Positive In January (01 hr(s), 08 min(s), 36 sec(s) ago)
(RTTNews) - The Netherlands' producer confidence improved slightly at the start of the year, a ...Full Story»

European Economics Preview: Germany GDP Data Due (01 hr(s), 42 min(s), 36 sec(s) ago)
(RTTNews) - Quarterly national accounts from Germany and economic sentiment survey results from eu ...Full Story»

New Zealand Has NZ$475 Million Trade Deficit (19 min(s), 24 sec(s) ago)
(RTTNews) - New Zealand posted a merchandise trade deficit of NZ$475 million in December, Statisti ...Full Story»

New Zealand Trade Data Due On Monday (16 min(s), 24 sec(s) ago)
(RTTNews) - New Zealand will on Monday release December data for imports, exports and trade balanc ...Full Story»

U.S. Consumer Sentiment Improves Slightly More Than Initially Estimated In January (54 min(s), 24 sec(s) ago)
(RTTNews) - Revised data released by the University of Michigan on Friday showed consumer sentimen ...Full Story»

U.S. Pending Home Sales Unexpectedly Rebound In December (40 min(s), 24 sec(s) ago)
(RTTNews) - After reporting decreases in U.S. pending home sales for six straight months, the Nati ...Full Story»

U.S. Personal Income Inches Up 0.2% In December, In Line With Estimates (18 min(s), 24 sec(s) ago)
(RTTNews) - Personal income in the U.S. increased in line with economist estimates in the month of ...Full Story»

Mexico Trade Surplus Grows To $984 Mln (02 min(s), 24 sec(s) ago)
(RTTNews) - Mexico's foreign trade surplus increased in December from a year ago, as exports g ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Dutch Producers Slightly More Positive In January

01/30/2023 - 01:50 AM (RTTNews)
(RTTNews) - The Netherlands' producer confidence improved slightly at the start of the year, a ...Full Story>>

European Economics Preview: Germany GDP Data Due

01/30/2023 - 01:16 AM (RTTNews)
(RTTNews) - Quarterly national accounts from Germany and economic sentiment survey results from eu ...Full Story>>

New Zealand Has NZ$475 Million Trade Deficit

01/29/2023 - 17:18 PM (RTTNews)
(RTTNews) - New Zealand posted a merchandise trade deficit of NZ$475 million in December, Statisti ...Full Story>>

New Zealand Trade Data Due On Monday

01/29/2023 - 16:15 PM (RTTNews)
(RTTNews) - New Zealand will on Monday release December data for imports, exports and trade balanc ...Full Story>>

U.S. Consumer Sentiment Improves Slightly More Than Initially Estimated In January

01/27/2023 - 10:53 AM (RTTNews)
(RTTNews) - Revised data released by the University of Michigan on Friday showed consumer sentimen ...Full Story>>

Do not sell my personal information

Copyright © 2023. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.