In May, retail sales in Latvia were significantly faster than in the EU, according to Eurostat data.

Latvia's retail trade in May this year grew by 6.9%, which is a much faster increase than in the European Union (EU) on average, according to data published by the Statistical Office of the EU Eurostat on 22 units the Member States.

The fastest growth of the retail trade in May compared to the fifth month of 2017 between the EU countries was only in Hungary (+ 7.7%) and Romania (+ 7.1%) . Slightly lower growth than in Latvia was recorded in Bulgaria (+ 6.2%), Lithuania (+ 5.9%) and Estonia and Portugal (both countries + 5.2%).

However, the decline was recorded in Austria at that time (- 0.2%), Belgium (-0.3%), Spain (-0.4%), Luxembourg (- 1.2%) and Hungary (-1.8%).

Retail turnover in the EU in May, compared with May 2017, increased by 2.3% overall and by 1.4% in the euro area countries . May retail sales in the EU rose 0.3% in May, but remained stable in the euro area.

The fastest growth was observed in Portugal (+ 4.7%), Latvia (+ 3.4%), Slovenia (+ 3.1%), as well as in Belgium and Estonia (+ 2.9% in both countries). However, there was a decrease in Spain and Poland (both countries -0.1%), Austria (-0.7%) and Germany (-2.1%). In Lithuania, retail sales rose 0.2% in May compared with one month

Data are not available for the Czech Republic, Greece, Croatia, Italy, Cyprus and the United States. Netherlands.