Retail Sales in Latvia decreased 0.90 percent in July of 2020 over the previous month.

Retail Sales MoM in Latvia averaged 0.36 percent from 2000 until 2020, reaching an all time high of 10.20 percent in January of 2005 and a record low of -9.20 percent in January of 2009. This page provides - Latvia Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020.

Retail Sales MoM in Latvia is expected to be -0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Latvia to stand at 1.50 in 12 months time. In the long-term, the Latvia Retail Sales MoM is projected to trend around 0.50 percent in 2021 and 0.40 percent in 2022, according to our econometric models.

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Latvia Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
-0.90 4.60 10.20 -9.20 2000 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-29 10:00 AM Apr -7.7% -5.1%
2020-06-29 10:00 AM May 7.8% -7.6% 4.2%
2020-07-29 10:00 AM Jun 4.6% 8.2% 3%
2020-08-28 10:00 AM Jul -0.9% 4.6% 2%
2020-09-29 10:00 AM Aug -0.9% 0.4%
2020-10-29 11:00 AM Sep -0.9%
2020-11-27 11:00 AM Oct
2020-12-29 11:00 AM Nov

Latvia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -14.20 -14.40 0.20 -54.30 points [+]
Retail Sales MoM -0.90 4.60 10.20 -9.20 percent [+]
Retail Sales YoY 3.80 4.60 60.60 -28.50 percent [+]
Consumer Spending 3288856.00 3690364.00 4389631.00 1418096.00 EUR Thousand [+]
Personal Savings 6.34 4.42 13.28 -20.51 percent [+]
Households Debt To Income 33.47 35.94 74.05 8.55 percent [+]
Bank Lending Rate 4.36 3.68 9.99 3.16 percent [+]
Economic Optimism Index 83.70 78.90 116.60 30.10 [+]
Gasoline Prices 1.35 1.37 1.86 0.41 USD/Liter [+]


Latvia Retail Sales MoM
In Latvia, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Latvia, Retail sales are seasonal, volatile and relatively important to the overall economy.