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Lithuania Retail Sales Growth Slows In June

Lithuania’s retail sales increased at a softer pace in June, figures from the statistical office showed on Wednesday.

Retail sales, excluding VAT, increased a working-day adjusted 15.3 percent year-on-year in June, after a 19.3 percent rise in May.

Sales of non-food stores surged 23.3 percent annually in June and those in specialized stores accelerated 38.2 percent.

Sales in non-specialized stores and those of food, alcoholic beverages and tobacco increased by 6.1 percent and 6.6 percent, respectively.

On a month-on-month basis, retail sales grew a seasonally adjusted 2.0 percent in June.

The material has been provided by InstaForex Company – www.instaforex.com

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