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Financial News: Lithuania Retail Sales Growth Rises In November

Lithuania Retail Sales Growth Rises In November

12/27/2019 - 06:21:00 (RTTNews)

(RTTNews) - Lithuania's retail sales grew at a faster pace in November after easing in the previous month, figures from the statistical office showed on Friday.

Retail sales, excluding VAT, rose a working-day adjusted 4.5 percent year-on-year in November, following a 3.8 percent gain in October. A similar rate of growth was seen in September.

Sales of non-food goods grew 8.8 percent annually in November, and sales of groceries, alcoholic beverages and tobacco rose 0.4 percent.

On a month-on-month basis, retail sales rose 0.9 percent in November.

For the January to November period, retail sales grew a working day adjusted 5.6 percent from the same period of the previous year.

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