Retail sales growth in Lithuania slows further in April
Tuesday, May 31, 2022, 10:05 a.m.
Retail sales growth in Lithuania slowed for the third consecutive month in April, figures from Vilnius-based Statistics Lithuania (LS) showed on Friday.
Retail sales, excluding VAT, rose 2.7% year-on-year in April, much slower than the 8% rise recorded in March.
Automotive fuel retail sales alone posted double-digit growth of 10.7% in April compared to a year ago, and non-food retail sales rose 3.2%.
At the same time, the sale of food products, alcoholic beverages and tobacco fell by 2.3% and retail sales via mail order houses or via the Internet recorded a sharp drop of 12.3%.
On a monthly basis, retail sales fell 1.7% seasonally and calendar-adjusted in April.
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