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Lithuania retail sales growth eases in July

Staff Writer | August 27, 2016
Lithuania's retail sales growth eased in July after accelerating in the previous month, figures from the Department of Statistics showed.
European economy   Retail sales grew 6.2 percent in Lithuania
Retail sales, excluding VAT, grew a working-day-adjusted 6.2 percent year-over-year in July, slower than June's 6.5 percent climb, which was revised up from a 6.2 percent increase reported earlier.

On an unadjusted basis, retail sales rose 4.0 percent in July from a year ago.

Excluding automobile fuels, retail sales went up 2.5 percent annually in July. Sales of food products, alcoholic beverages and tobacco products increased 0.6 percent and those of non-food products advanced by 4.5 percent.

Retail sales of automotive fuel alone surged 21.0 percent in July, while sales at specialized stores declined sharply by 13.9 percent.

Month-on-month, retail sales climbed a seasonally and working-day-adjusted 0.7 percent in July.