Lithuania’s retail sales growth accelerated notably in June after easing in the previous month, preliminary figures from the Department of Statistics showed Tuesday.
Retail sales, excluding VAT, climbed 7.5 percent year-over-year in June, much faster than May’s 3.8 percent hike. In April, sales had risen 4.8 percent.
Excluding automobile fuel, retail trade advanced by 6.3 percent.
Sales of food, alcoholic drinks and tobacco products grew 4.8 percent annually in June and that for non-food products increased by 8.0 percent.
Month-on-month, retail sales rose 1.1 percent in June. Excluding automotive fuel, sales went up by 0.5 percent.
During the first six months of the year, total retail sales expanded 4.8 percent compared with the corresponding period last year.
The material has been provided by InstaForex Company – www.instaforex.com