Retail sales in Lithuania fell by 3.5 percent year-on-year in October of 2022, after a 1.2 percent drop in the previous month. This was the fifth straight month of decline in retail trade, with sales falling at faster rates for food, beverages, and tobacco (-8.2% vs -5.0% in September) while non-food products dropped (-2.8% vs 0.2%). Meantime, sales growth of automotive fuel in specialized stores accelerated (2.1% vs 1.6%). On a monthly basis, retail sales dropped by 1.5 percent in October, following a 5.5 percent gain in September. source: Statistics Lithuania
Retail Sales YoY in Lithuania averaged 5.12 percent from 1998 until 2022, reaching an all time high of 36.10 percent in April of 2021 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 December of 2022.
Retail Sales YoY in Lithuania is expected to be -2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania Retail Sales YoY is projected to trend around 5.20 percent in 2023 and 4.90 percent in 2024, according to our econometric models.