Lithuania Retail Sales Growth Slows In October

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.

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