Retail sales in Lithuania increased 6.8 percent year-on-year in August of 2020, after an upwardly revised 7.0 percent rise in the previous month. This was the third yearly increase in retail sales, amid the loosening measure restrictions. On a monthly basis, retail trade were up 0.2 percent, the fourth straight month of increase in retail sales, following an upwardly revised 6.3 percent gain in July.

Retail Sales YoY in Lithuania averaged 4.86 percent from 1998 until 2020, reaching an all time high of 20 percent in May of 2007 and a record low of -26.30 percent in November of 2009. This page provides the latest reported value for - Lithuania Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Lithuania Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Statistics Lithuania

Retail Sales YoY in Lithuania is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Lithuania to stand at 2.80 in 12 months time. In the long-term, the Lithuania Retail Sales YoY is projected to trend around 4.50 percent in 2021 and 4.90 percent in 2022, according to our econometric models.

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Lithuania Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
6.80 7.00 20.00 -26.30 1998 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-26 06:00 AM May -0.7% -17.5% -13%
2020-07-28 06:00 AM Jun 6.1% -0.6% 1%
2020-08-26 06:00 AM Jul 6.8% 6.5% 5.7%
2020-09-28 06:00 AM Aug 6.8% 7.0% 3%
2020-10-28 07:00 AM Sep 6.8% 3%
2020-11-26 07:00 AM Oct
2020-12-28 07:00 AM Nov


News Stream
Lithuania Retail Sales Growth Slows to 4.2%
Retail sales in Lithuania increased 4.2 percent year-on-year in October of 2019, easing from an upwardly revised 4.8 percent gain in the previous month. Sales rose softer for both non-food products (8.4% from 9.7% in September) and automotive fuel (4.1% from 5.8%). Meanwhile, sales of food products showed no growth (from -0.7%). Within non-food products, sales went up softer for dispensing chemist, medical & orthopaedic goods (13.4% from 14.6%); and textiles clothing & footwear (6.1% from 19.0%). Meantime, sales increased faster for: sales via mail order houses or via internet (16.6% from 14.5%); information & communication equipment (12.6% from 10.1%), and sales of audio, video, hardware, furniture & lighting (7.0% from 4.4%). On a monthly basis, retail trade jumped 4.1 percent, reversing from a downwardly revised 7.2 percent drop in September.
2019-11-27
Lithuania Retail Sales Rise 4.7% YoY in September
Retail sales in Lithuania increased 4.7 percent year-on-year in September of 2019, accelerating from an upwardly revised 3.1 percent gain in the previous month. Sales rose faster for both non-food products (9.1% from 7.0% in August) and automotive fuel (6.1% from 2.9%). Meanwhile, sales of food products declined further (-0.6% from -0.4%), namely in non-specialised stores (-0.5% vs -0.2%). Within non-food products, sales went up faster for via mail order houses or via internet (11.9% from 8.7%); dispensing chemist, medical & orthopaedic goods (13.8% from 10.6%); information & communication equipment (9.6% from 7.6%), and textiles clothing & footwear (19.8% from 11.0%). On the other hand, sales of audio, video, hardware, furniture & lighting increased softer (3.7% from 4.6%). On a monthly basis, retail trade tumbled 7.4 percent, reversing from an upwardly revised 0.4 percent rise in August.
2019-10-28

Lithuania Retail Sales YoY
In Lithuania, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.