Retail sales in Lithuania increased 6.6 percent year-on-year in July of 2019, accelerating from an upwardly revised 3.8 percent gain in the previous month. This was the biggest gain in retail sales since April, due to a rise in sales of non-food products (11.8% from 5.7% in June); automotive fuel (8.6% from 3.4%). Meanwhile, sales of food products continued to increase (0.7% from 2.3%), namely in non-specialised stores (0.8% vs 2.6%). Within non-food products, sales went up faster for via mail order houses or via internet (22.2% from 13.6%); dispensing chemist, medical & orthopaedic goods (19.0% from 9.8%); audio, video, hardware, furniture & lighting (8.5% from 2.2%) while those of information & communication equipment rebounded sharply (12.0% from -0.7%). On the other hand, sales of textiles clothing & footwear rose softer (8.1% from 13.6%). On a monthly basis, retail trade jumped 5.5 percent, reversing a downwardly revised 1.1 percent fall in June. Retail Sales YoY in Lithuania averaged 4.98 percent from 1998 until 2019, reaching an all time high of 20 percent in May of 2007 and a record low of -26.30 percent in November of 2009.

Retail Sales YoY in Lithuania is expected to be 5.00 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 4.80 in 12 months time. In the long-term, the Lithuania Retail Sales YoY is projected to trend around 4.50 percent in 2020, according to our econometric models.

Lithuania Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-28 06:00 AM Retail Sales YoY Apr 13.5% 4.0% 5.1%
2019-06-27 06:00 AM Retail Sales YoY May 2.9% 14.3% 6.3%
2019-07-26 06:00 AM Retail Sales YoY Jun 3.3% 3.4% 3.9%
2019-08-28 06:00 AM Retail Sales YoY Jul 6.6% 3.8% 4.8%
2019-09-27 06:00 AM Retail Sales YoY Aug 6.6% 7%
2019-10-28 07:00 AM Retail Sales YoY Sep 5%
2019-11-27 07:00 AM Retail Sales YoY Oct


Lithuania Consumer Last Previous Highest Lowest Unit
Consumer Confidence 7.00 6.00 9.00 -56.00 Index Points [+]
Retail Sales MoM 5.50 -1.10 29.10 -31.60 percent [+]
Retail Sales YoY 6.60 3.80 20.00 -26.30 percent [+]
Consumer Spending 6426.31 5890.34 6426.31 3807.03 EUR Million [+]
Personal Savings -1.48 0.16 7.79 -4.06 percent [+]
Private Sector Credit 18697.00 18623.10 19184.90 582.98 EUR Million [+]
Households Debt To GDP 22.84 22.78 32.60 1.39 percent of GDP [+]
Households Debt To Income 36.18 35.59 45.44 2.20 percent [+]
Gasoline Prices 1.30 1.32 1.90 0.35 USD/Liter [+]
Consumer Credit 733.40 663.30 1305.00 112.90 EUR Million [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.60 3.80 20.00 -26.30 1998 - 2019 percent Monthly
NSA




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