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Financial News: Lithuania Retail Sales Rise For Second Month

Lithuania Retail Sales Rise For Second Month

07/28/2020 - 07:22:00 (RTTNews)

(RTTNews) - Lithuania's retail sales rose for the second straight month in June, figures from the statistical office showed on Tuesday.

Retail sales, excluding VAT, increased a working-day adjusted 5.1 percent year-on-year in June, after a 0.9 percent rise in May.

Sales of non-food stores increased 5.5 percent annually in June and sales in non-specialized stores rose 0.5 percent.

Sales of food, alcoholic beverages and tobacco increased 0.7 percent.

On a month-on-month basis, retail sales gained 5.6 percent in June. Sales increased after the revocation of the quarantine measures related to Covid-19 pandemic.

For the January to June period, retail sales declined by a working-day adjusted 1.1 percent from the same period of the previous year.

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