Baltic States register EU’s biggest decreases in retail trade turnovers in July

Retail trade turnover in Latvia in July 2009 decreased by 29.5% on July 2008, which remains the biggest decrease in the European Union, according to the EU statistical office Eurostat report released today.

MAXIMA LT turnovers have been falling in July

Since the beginning of this year the Sales of the retail trade company MAXIMA LT have been rapidly falling and totaled 1.2 billion litas (347.12 million euros) (excluding VAT), a decrease of 9.2% in the Q2 of this year.