Lithuania Retail Sales Growth Improves To 2.9%

(RTTNews) - Lithuania's retail sales growth accelerated somewhat in February after easing sharply in the previous month, figures from the statistical office showed on Thursday.

Retail sales, excluding VAT, climbed a calendar-adjusted 2.9 percent year-on-year in February, faster than the 2.3 percent rise in January.

Sales of non-food products grew 9.3 percent from last year, and those of food products were 3.0 percent higher. On the other hand, automotive fuel sales alone plunged by 9.8 percent.

Mail-order or online sales advanced 19.7 percent yearly in February.

On a monthly basis, retail sales rose a seasonally and calendar-adjusted 1.7 percent.