Lithuania Retail Sales Shrink Sligthly in August
Photo by maxbelchenko / Shutterstock.com
Retail sales in Lithuania fell by 0.9% year-on-year in August, the seventh consecutive month of decline in retail activity, although easing from an upwardly revised 2% drop in the previous month, data from the Vilnius-based Statistics Lithuania (LS) on Wednesday show.
Sales rebounded for non-food products (0.9% vs -2.5% in July), while decreased less for food, beverages & tobacco (-3.2% vs -5.8%). Meanwhile, sales declined for automotive fuel in specialized stores (-0.8% vs 5.1%).
On a monthly comparison basis, retail sales went up 4.2% in August, following an upwardly revised 0.7% drop in the previous month.
Hungary Inflation Edges up to 3.7% in April
China-Hungary Cooperation 'Story of Continuous Friendship', ...
Number of Vehicles With Green Plates Climbs Over 96,000
Aldi Opening Biggest Store in Budapest
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
