Retail sales in Lithuania rose 3.5 percent year-on-year in March of 2019, easing from an 8.5 percent gain in the previous month. This was the smallest gain in retail sales since February of 2018, as sales growth slowed for both non-food products (9.0 pct from 13.1 pct in February) and automotive fuel (7.5 pct from 10.2 pct) while those of food products fell (-3.3 pct from 3.4). Within non-food products, sales increased softer for: via mail order houses or via internet (12.7 pct from 25.9 pct); dispensing chemist, medical & orthopedic goods (3.6 percent from 12.9 percent). Meanwhile, sales went up at a faster pace for: audio, video, hardware, furniture & lighting (13.2 pct from 12.1 pct); textiles clothing & footwear (15.3 pct from 14.9 pct), and information & communication equipment (9.1 percent from 9.0 percent). On a monthly basis, retail trade jumped 13.3 percent, rebounding from a 5.6 percent drop in February. Retail Sales YoY in Lithuania averaged 4.96 percent from 1998 until 2019, reaching an all time high of 20 percent in May of 2007 and a record low of -26.30 percent in November of 2009.

Retail Sales YoY in Lithuania is expected to be 5.50 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 4.40 in 12 months time. In the long-term, the Lithuania Retail Sales YoY is projected to trend around 4.50 percent in 2020, according to our econometric models.

Lithuania Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-28 07:00 AM Retail Sales YoY 3.7% 7.2% 5.4%
2019-02-28 07:00 AM Retail Sales YoY 5.9% 4.5% 3.1%
2019-03-28 07:00 AM Retail Sales YoY 8.5% 5.1% 7.2%
2019-04-26 06:00 AM Retail Sales YoY 3.5% 8.5% 5.5%
2019-05-28 06:00 AM Retail Sales YoY 3.5% 5.1%
2019-06-27 06:00 AM Retail Sales YoY 6.3%
2019-07-26 06:00 AM Retail Sales YoY 5.1%


Lithuania Consumer Last Previous Highest Lowest Unit
Consumer Confidence 5.00 6.00 9.00 -56.00 Index Points [+]
Retail Sales MoM 13.30 -5.60 29.10 -31.60 percent [+]
Retail Sales YoY 3.50 8.50 20.00 -26.30 percent [+]
Consumer Spending 6385.20 6324.65 6385.20 3807.03 EUR Million [+]
Personal Savings -1.48 0.16 7.79 -4.06 percent [+]
Private Sector Credit 18381.90 18316.60 19184.90 582.98 EUR Million [+]
Households Debt To GDP 22.79 22.62 32.60 1.39 percent of GDP [+]
Households Debt To Income 36.18 35.59 45.44 2.20 percent [+]
Gasoline Prices 1.31 1.28 1.90 0.35 USD/Liter [+]
Consumer Credit 657.10 655.50 1305.00 112.90 EUR Million [+]


Lithuania Retail Sales YoY

In Lithuania, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. 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 - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.50 8.50 20.00 -26.30 1998 - 2019 percent Monthly
NSA




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