LV: Latvian retail trade decline of 29.1% y/y in October fastest in EU-Eurostat.

By bne IntelliNews December 4, 2009
According to the report by European Statistical Agency Eurostat, in October Latvian domestic retail trade declined by 29.1% y/y. This was the fastest retail trade decline in EU in the reporting month. Notably, Baltic States were among countries with the highest retail trade decline in EU (down by 24.7% in Lithuania and down by 18.6% in Estonia ). To remind, Latvia posted either the fastest or second fastest growing retail trade in EU throughout 2007, while for the past twelve consecutive months Latvia posts the steepest retail trade decline.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EE: Estonian Air records EUR 49.2mn loss in 2012.

Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more

LT: Malsena acquires Latvian flour manufacturer Rigas Dzirnavieks.

Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more

EE: Estonian Air to return excess Embraer airplanes.

Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more

Most Read

  1. Turkey’s Erdogan warns “nobody can discipline us with exchange rates”
    6 days ago
  2. Leaked document shows EU’s initially hardline approach to Gazprom
    7 days ago
  3. What’s the cost of US sanctions on Russia?
    2 days ago
  4. Putin and Trump trying to walk back Syria strike and sanctions tensions
    1 day ago
  5. Macedonia defies illiberal trend in otherwise gloomy Freedom House report
    7 days ago
  1. Fears raised of US conditioning F-35s sale on Turkey cancelling S-400 deal with Russia
    22 days ago
  2. Macedonia’s opposition VMRO-DPMNE plans major protests to force snap election
    1 month ago
  3. COMMENT: Whisper it – ‘Erdonomics’ could be driving Turkey to a meltdown
    9 days ago
  4. KRUK REPORT: Nadia Savchenko, Ukraine’s fallen hero
    27 days ago
  5. Turkey’s Erdogan warns “nobody can discipline us with exchange rates”
    6 days ago

Selected articles from our premium news/views wire IntelliNews Pro

Login to IntelliNews Pro
Get IntelliNews Pro

Reports

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss