Retail sales in Lithuania increased 8 percent year-on-year in October of 2020, after an upwardly revised 8.2 percent growth in the previous month. This was the fifth straight yearly increase in retail sales, amid the loosening measure restrictions. On a monthly basis, retail trade jumped 3.5 percent, rebounding sharply from a revised 5.7 percent tumble in September. source: Statistics Lithuania

Retail Sales YoY in Lithuania averaged 4.88 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 November of 2020.

Retail Sales YoY in Lithuania is expected to be 3.50 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 3.20 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
8.00 8.20 20.00 -26.30 1998 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
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 7.7% 6.4% 3%
2020-11-26 07:00 AM Oct 8% 8.2% 5.8%
2020-12-28 07:00 AM Nov 8%
2021-01-28 07:00 AM Dec
2021-03-01 07:00 AM Jan
2021-03-26 07:00 AM Feb


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.