Latvia Consumer Spending  Forecast


Consumer Spending in Latvia is expected to be 3785160.50 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 3785183.11 in 12 months time. In the long-term, the Latvia Consumer Spending is projected to trend around 3643255.28 EUR Thousand in 2020, according to our econometric models.


Latvia Consumer Spending
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Latvia Consumer Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Confidence -8.8 -3.98 -4.8 -4.59 -4.65 -4.63
Retail Sales MoM 0.8 0.51 0.3 0.33 0.33 0.33
Retail Sales YoY 3.9 4.21 4.5 4.68 4.77 4.87
Consumer Spending 3695749 3785160 3521765 3487540 3785183 3643255
Personal Savings -2.19 -3.36 -4.3 -4.26 -4.22 -3.51
Consumer Credit 500 504 508 509 509 504
Bank Lending Rate 3.21 3.28 3.31 3.28 3.28 3.27
Economic Optimism Index 107 107 107 107 107 108
Gasoline Prices 1.27 1.26 1.26 1.25 1.25 1.19
Households Debt To Income 40.96 37.88 36.69 36.13 35.56 29.25