Lithuania - Retail Sales





Lithuania: Retail Sales

Mnemonic WRT.ILTU
Unit Ths. EUR, NSA
Adjustments Not Seasonally Adjusted
Monthly 7.21 %
Data Dec 2023 2,282,247
Nov 2023 2,128,729

Series Information

Source Statistics Lithuania
Release Domestic trade: Turnover (VAT excluded) and indices of retail trade, motor vehicles and catering enterprises
Frequency Monthly
Start Date 1/31/1998
End Date 12/31/2023

Lithuania: Consumer

Reference Last Previous Units Frequency
Consumer Confidence Feb 2024 2.8 2.5 SA Monthly
Retail Sales Dec 2023 2,282,247 2,128,729 Ths. EUR, NSA Monthly
Personal Income 2022 751 697 EUR Annual

Release Information

For Lithuania, retail trade turnover - revenue during a certain period, the sale of goods and (or) the provision of services from all companies whose main activity is trade, or meals, regardless of company type and ownership. The study includes: motor vehicles and motorcycles in the wholesale and retail trade and repair businesses, wholesalers, retail businesses, food and beverage service establishments.

Active:

  • Classification: EVRK 2 red., the localization of NACE Rev. 2
  • Measurements:
    • Thousands of euros (Ths. EUR)
    • Fixed-base volume index relative to 2015 (Vol. Index 2015=100)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: Uniformy 1998m1

Predecessors:

  • Level in litas - 1998m1 to 2014m12 ("_14")
  • Volume index 2010=100 - 1998m1 - 2017m12 ("_10")

The company - producer of goods and (or) services, engaged in one or more economic activities in one or more locations and with decision-making power.

Turnover - the entity's revenue during a certain period, the sale of goods and (or) the provision of services. Does not include proceeds from sale of tangible assets, financial and investment activities, extraordinary, and others.

Research population consists of all the companies whose main business - selling or meals, regardless of company type and ownership. The study includes: motor vehicles, motorcycles and wholesale and retail trade and repair businesses, wholesalers, retailers, food and beverage distribution companies.

Assessed the statistical indicators: turnover (excluding VAT) (monthly frequency).

The methods used:

The study carried out using sampling techniques. Coverage of development and sample selection plan is based on statistical information from the register of the company's economic activity, the average number of persons employed, turnover, in the second quarter of the State Social Insurance Fund Board (hereinafter - VSDFV) data on the number of employees, and VAT returns on the first declared half-year turnover.

Data sources - VSDFV data (statistical indicators - number of persons employed, salaries and wages) and the monthly survey (statistical indicators - turnover (excluding VAT), number of hours worked).

Moody's Analytics supplements

We have constructed seasonally adjusted counterparts to retail trade turnover series, using the U.S. Census Bureau's X-13ARIMA-SEATS program.