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NEWS

Bottom falls out of Latvian sales

Oct 01, 2008
TBT Staff and Wire reports

RIGA - Retail sales dropped 4.6 percent in the first three quarters of 2008, according to figures that the central statistics office released on Sept. 30. Retail sales of food products fell 6 percent in 2008 compared to the same eight months in 2007, while retail sales of non-food products went down by 3.8 percent. According to the statistics office, the aggregate sales of Latvian retail companies in January through August 2008 reached 2.698 billion lats (3.838 billion euros), including 349 m ...


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