Latvia Consumer Spending - Forecast

Consumer Spending in Latvia is expected to be 3603583.89 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 3841081.93 in 12 months time. In the long-term, the Latvia Consumer Spending is projected to trend around 3604662.55 EUR Thousand in 2020, according to our econometric models.


Latvia Consumer Spending
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Latvia Consumer Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Consumer Confidence -9.6 -9.61 -9.49 -9.54 -9.52 -9.53
Retail Sales MoM 2.3 0.07 0.28 0.23 0.24 0.24
Retail Sales YoY 6.5 3.65 4.93 4.98 4.42 4.59
Consumer Spending 3603429 3659286 3907579 3722342 3470486 3956701
Personal Savings 2.66 2.18 1.88 1.59 1.38 0.35
Consumer Credit 493 488 487 486 486 480
Bank Lending Rate 3.67 3.67 3.67 3.67 3.92 4.42
Economic Optimism Index 106 108 107 106 106 106
Gasoline Prices 1.48 1.3 1.23 1.16 1.09 0.76
Households Debt To Income 37.56 35.9 35.79 35.68 35.49 39.78