FX.co ★ Lithuania Retail Sales Experience Moderate Decline in March 2024

In March 2024, Lithuania witnessed a moderate decline in retail sales, with the current indicator coming in at 3.8%, down from the previous month's 4.7%. This Year-over-Year comparison indicates a slowdown in consumer spending compared to the same period in the previous year. The data, updated on 26 April 2024, reflects the challenges faced by the retail sector in Lithuania amidst economic uncertainties. While the decrease is not drastic, it signifies a cautious approach by consumers in their purchasing habits, possibly influenced by external factors impacting the economy. Observers will be monitoring future data releases to gauge the trajectory of retail sales in Lithuania and its implications for the broader economy.