Latvia Retail Sales Grow In March

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Latvia’s retail sales grew in March, figures from the Central Statistical Bureau showed on Wednesday.

Retail sales grew a calendar adjusted 3.2 percent year-over-year in March, after a 8.4 percent fall in February.

Turnover of retail trade in non-food products accelerated 3.6 percent yearly in March and those of food products rose 2.1 percent. Sales of automotive fuels gained 4.9 percent.

On a monthly basis, retail sales increased a seasonally adjusted 6.9 percent in March, following a 4.6 percent growth in the previous month. Sales rose for the second straight month.

The material has been provided by InstaForex Company – www.instaforex.com

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