Lithuania - Retail Sales

For Lithuania, retail trade turnover - that is, revenue from the sale of goods and 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. Turnover is measured excluding VAT. Monthly from 1998.

Active:

• Classification:
  • Taxonomy: EVRK 2 red., the localization of NACE Rev. 2
  • Scope:
• Measurements:
  • Thousands of euros (Ths. EUR)
  • Fixed-base volume index relative to 2021 (Vol. Index 2021=100)
• Adjustment: Not seasonally adjusted (NSA)
• Native frequency: Monthly
• Start dates:
  • 1998m1 for most
  • 1999m1

Predecessors:

• 2015=100 - 1998m1 to 2023m12 ("_15")
• Level in litas - 1998m1 to 2014m12 ("_14")
• 2010=100 - 1998m1 to 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

For retail trade turnover, we calculate branch 45 in NSA terms. We have constructed seasonally adjusted (SAAR) counterparts to 47 and RTV (45+47), using the U.S. Census Bureau's X-13ARIMA-SEATS program.

Further reading

At the source:

• Classification of Economic Activities (EVRK)

Metadata:

• Composition of turnover of retail trade enterprises
• Turnover and index of turnover of trade and catering enterprises

• Aug 2006 - Initial version.
• Jun 2009 - Reclassified to NACE Rev. 2
• Dec 2013 - Addendum of SA supplement.
• Jun 2015 - Change in currency from LTL to EUR.
• Jun 2018 - Rebased to 2015.
• 21 Jun 2024, Phillip Thorne - Rebased to 2021: Properties, Moody's Analytics supplements.