Lithuania’s retail sales growth accelerated in February, after easing sharply in the previous month, figures from the Department of Statistics showed Friday.

Retail sales, excluding VAT, rose 4.3 percent year-over-year in February, much slower than January’s 1.0 percent growth. In December, sales had risen 8.2 percent.

Excluding automotive fuel, sales advanced by 2.3 percent.

Sales of food, beverages and tobacco grew 1.3 percent in February from the previous year and that for non-food goods climbed by 3.5 percent.

On a monthly basis, retail sales declined 4.3 percent in February. Excluding automotive fuel, sales dipped by 4.5 percent.

The material has been provided by InstaForex Company –