Latvia Consumer Spending - Forecast

Consumer Spending in Latvia is expected to be 3513504.60 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 3650146.51 in 12 months time. In the long-term, the Latvia Consumer Spending is projected to trend around 3583730.30 EUR Thousand in 2020, according to our econometric models.


Latvia Consumer Spending
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Latvia Consumer Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Confidence -9.5 -10.15 -11 -11.73 -12.43 -17.69
Retail Sales MoM 1 0.46 0.36 0.37 0.37 0.37
Retail Sales YoY 4.7 5.54 6.31 6.94 7.42 8.55
Consumer Spending 3845967 3513505 3534917 3667691 3650147 3583730
Personal Savings -2.19 -0.66 -0.6 -0.53 -0.47 0.72
Consumer Credit 509 510 510 509 509 505
Bank Lending Rate 3.59 3.82 3.89 3.95 4.01 4.39
Economic Optimism Index 108 108 107 107 107 104
Gasoline Prices 1.34 1.35 1.34 1.34 1.33 1.28
Households Debt To Income 37.56 36.47 35.98 35.49 34.99 35.98