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Financial News: Lithuania Retail Sales Growth Slows In October

Lithuania Retail Sales Growth Slows In October

11/27/2019 - 06:29:00 (RTTNews)

(RTTNews) - Lithuania's retail sales growth slowed in October after rising in the previous month, figures from the statistical office showed on Wednesday.

Retail sales, excluding VAT, rose a working day adjusted 4.2 percent year-on-year in October, after a 4.5 percent increase in September. In August, retail sales rose 3.4 percent.

Sales of non-food goods grew 8.5 percent annually in October, while sales of groceries, alcoholic beverages and tobacco remained unchanged.

On a month-on-month basis, retail sales rose 0.2 percent in October.

For the January to October period, retail sales grew a working day adjusted 5.8 percent from the same period previous year.

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