Retail sales in Lithuania fell 0.7 percent year-on-year in May of 2020, after a 17.5 percent plunge in the previous month. This was the third straight month of declines in retail sales but the smallest drop in the current sequence, amid loosening measure restrictions. On a monthly basis, retail trade jumped 20.4 percent, the first increase in 6 months and the most since December 2015.
Retail Sales YoY in Lithuania averaged 4.84 percent from 1998 until 2020, reaching an all time high of 20 percent in May of 2007 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 July of 2020. source: Statistics Lithuania
Retail Sales YoY in Lithuania is expected to be -12.00 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 2.80 in 12 months time. In the long-term, the Lithuania Retail Sales YoY is projected to trend around 4.50 percent in 2021 and 4.90 percent in 2022, according to our econometric models.