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Financial News: Lithuania Retail Sales Decline Slows In February

Lithuania Retail Sales Decline Slows In February

03/26/2021 - 03:45:00 (RTTNews)

(RTTNews) - Lithuania's retail sales declined at a softer pace in February, figures from the statistical office showed on Friday.

Retail sales, excluding VAT, decreased a working-day adjusted 0.1 percent year-on-year in February, following a 4.1 percent fall in January.

Sales of non-food stores declined 7.1 percent annually in February.

Sales in specialized stores rose 11.9 percent. Sales in non-specialized stores and those of food, alcoholic beverages and tobacco increased by 8.6 percent, each.

On a month-on-month basis, retail sales grew a seasonally adjusted 5.5 percent in February.

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