Latvia's population is growing faster than average in the EU News

Riga, June 3, LETA. Retail sales in Latvia in May this year, compared with the same month last year, rose 6.9%, an increase much faster than the average of the European Union (EU) , according to data published by Eurostat on 22 blocks of Member States. 19659002] 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, grew by 2.3% overall and by 1.4% in the euro area countries . In May, retail sales rose 0.3% in May, but remained stable in the euro area in May.

The fastest growth was recorded in Portugal (+ 4.7%), Latvia (+ 3.4%) and 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 to one month

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