Retail Sales in Latvia increased 4.30 percent in February of 2026 over the same month in the previous year. Retail Sales YoY in Latvia averaged 4.29 percent from 1999 until 2026, reaching an all time high of 60.30 percent in January of 1999 and a record low of -28.20 percent in September of 2009. source: Central Statistical Bureau of Latvia

Retail Sales YoY in Latvia is expected to be 4.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Retail Sales YoY is projected to trend around 2.50 percent in 2027 and 2.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-27 11:00 AM
Retail Sales YoY
Jan 6.1% 1.1% 1.0%
2026-03-27 11:00 AM
Retail Sales YoY
Feb 4.3% 6.4% 3.8%
2026-04-29 10:00 AM
Retail Sales YoY
Mar 4.3% 4.1%


Related Last Previous Unit Reference
Consumer Confidence -10.50 -11.60 points Feb 2026
Consumer Spending 4622174.00 4798151.00 EUR Thousand Dec 2025
Economic Optimism Index 100.60 99.50 points Feb 2026
Retail Sales MoM -1.10 1.50 percent Feb 2026
Retail Sales YoY 4.30 6.40 percent Feb 2026


Latvia Retail Sales YoY
In Latvia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.
Actual Previous Highest Lowest Dates Unit Frequency
4.30 6.40 60.30 -28.20 1999 - 2026 percent Monthly
Constant Prices, WDA

News Stream
Latvia Retail Sales Growth Eases
Retail sales in Latvia rose 4.3% year-on-year in February 2026, slowing from a more than three-year high of 6.1% in the previous month. Sales moderated for non-food products, except automotive fuel (6.7% vs 9.5% in January), particularly in hardware, instruments, construction materials, and sanitary equipment (3.1% vs 12.5%), cultural and recreational goods (5.5% vs 30.4%), pharmaceutical and medical goods (10.2% vs 13.9%), and clothing, footwear, and leather goods (5.4% vs 16.5%). The overall slowdown in retail trade was also influenced by automotive fuel sales, which eased notably to 6.2% from 11.4% in January. In contrast, sales of food products stalled after declining 1.7%. On a seasonally adjusted monthly basis, retail activity dropped 1.1% in February, reversing a 2.7% gain in the preceding month.
2026-03-27
Latvia Retail Sales Growth at Over 3-Year High
Retail sales in Latvia climbed by 6.1% year-on-year in January 2026, from an upwardly revised 1.1% gain in the previous month. It marked the strongest growth since November 2022, with faster increases in sales for automotive fuel in specialized stores (11.4% vs 0.6% in December), information and communication equipment (12.7% vs 7.3%), other household equipment (8.8% vs 0.9%), and other goods (11.1% vs 2.9%). Moreover, trade rebounded sharply for cultural and recreation goods in specialized stores (30.4% vs -9%) and declined at a softer pace for food, beverages, and tobacco (-11.9% vs -14.1%). On the other hand, sales slipped for non-specialized stores (-0.8% vs 1.3%) and sales via stalls and markets (-4.4% vs 1.9%). On a seasonally adjusted monthly basis, retail activity rose 2.7%, recovering from a downwardly revised 0.7% drop in the previous month.
2026-02-27
Latvia Retail Sales Growth Eases Further
Retail sales in Latvia increased 0.8% year-on-year in December 2025, slowing from a downwardly revised 3.2% growth in the previous month. This was the smallest gain since sales declined in May, as growth moderated in all main groups, namely for food, beverages and tobacco (0.2% vs 0.8% in November), non-food products (1.2% vs 4.3%), and automotive fuel (0.6% vs 4.3%). Among non-food items, the most pronounced slowdowns were recorded in information and communication equipment in specialised stores (6.8% vs 16.6%), textiles, carpets, rugs, wall and floor coverings, furniture, lighting equipment, and other household articles in specialised stores (5.4% vs 12.8%), and watches and jewellery and other retail sale of new goods in specialised stores (5.9% vs 10.6%). On a seasonally adjusted monthly basis, retail sales fell by 0.8%, following a downwardly revised 0.1% rise in November.
2026-01-29