Retail sales in Latvia increased 3.5 percent year-on-year in September 2018, following a 1.4 percent gain in the prior month. Sales jumped for non-food products (4.4 percent vs 0.7 percent in August), amid higher sales of hardware, paints & glass products (15 percent vs 10.3 percent); cosmetics & toilet articles (7.8 percent vs 5.9 percent) and watches & jewelry (18.8 percent vs 0.8 percent). In addition, sales of information & communication equipment rebounded sharply (6.4 percent vs -0.1 percent) and declined less for recreation & culture (-4 percent from -15.2 percent); clothing & footwear (-5.8 percent vs -9.4 percent) and via stalls and markets (-15.4 percent vs -16.1 percent). Contrarily, sales advanced at a slower pace for food products (1.9 percent vs 2.6 percent). On a seasonally adjusted monthly basis, retail sales went up 1.6 percent, following a 1.2 percent drop in August. Retail Sales YoY in Latvia averaged 5.82 percent from 1999 until 2018, reaching an all time high of 60.60 percent in January of 1999 and a record low of -28.50 percent in December of 2009.

Latvia Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-30 10:00 AM Retail Sales YoY 4.3% 5.5% 6.2%
2018-09-28 10:00 AM Retail Sales YoY 1.4% 4.3% 4.8%
2018-10-30 11:00 AM Retail Sales YoY 3.5% 1.4% 4.5%
2018-11-30 11:00 AM Retail Sales YoY 3.5% 4.1%


Latvia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -8.20 -7.20 0.20 -54.30 Index Points [+]
Retail Sales MoM 1.60 -1.20 10.50 -9.30 percent [+]
Retail Sales YoY 3.50 1.40 60.60 -28.50 percent [+]
Consumer Spending 3726501.00 3497737.00 3884429.00 1286274.00 EUR Thousand [+]
Personal Savings 2.66 1.77 13.61 -8.19 percent [+]
Consumer Credit 515.10 512.20 1138.00 161.80 EUR Million [+]
Bank Lending Rate 3.61 3.20 9.99 3.20 percent [+]
Economic Optimism Index 107.20 106.90 115.30 69.30 [+]
Gasoline Prices 1.51 1.53 1.86 0.41 USD/Liter [+]
Households Debt To Income 35.94 37.56 74.05 8.55 percent [+]


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. This page provides - Latvia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.50 1.40 60.60 -28.50 1999 - 2018 percent Monthly
Constant Prices, WDA




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