Latvia Consumer Spending - Forecast

Consumer Spending in Latvia is expected to be 3659286.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Latvia to stand at 3470486.00 in 12 months time. In the long-term, the Latvia Consumer Spending is projected to trend around 3956701.00 EUR Thousand in 2020, according to our econometric models.


Latvia Consumer Spending
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Latvia Consumer Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Confidence -6.6 -7.34 -7.21 -7.24 -7.23 -7.23
Retail Sales MoM 3.4 0.87 0.55 0.62 0.61 0.61
Retail Sales YoY 7 7.03 7.33 7.52 7.61 7.72
Consumer Spending 3503249 3917194 3736756 3611850 3713280 3952785
Personal Savings 2.66 1.73 1.38 1.08 0.78 -0.03
Consumer Credit 503 507 509 511 513 525
Bank Lending Rate 3.67 3.67 3.67 3.67 3.67 4.42
Economic Optimism Index 105 105 105 105 105 105
Gasoline Prices 1.47 1.39 1.31 1.24 1.17 0.67
Households Debt To Income 37.56 36.52 37.05 36.63 36.21 33.04