Retail sales in Latvia rose by 3.3% year-on-year in May 2026 from a downwardly revised 2.5% growth in the previous month. Sales increased for food products (2.9% vs 1.8% in April), non-specialized stores (3.0% vs 1.6%), and non-food products, except for automotive fuel (5.5% vs 2.8%), lifted by higher sales in electrical household appliances (5.7% vs 3.1%), via mail order houses or via internet (12.3% vs 4.3%), hardware, paints, and glass (9.0% vs 5.3%), other household equipment (8.5% vs 3.7%), textiles, carpets, rugs, walls, and floor coverings (11.3% vs 0.4%), and not in stores, stalls, or markets (10.9% vs 3.6%). On the other hand, activity declined for automotive fuel (-2.1% vs 2.9%). On a monthly basis, retail sales fell by 0.1% in May, following a 0.4% drop in the preceding period. source: Central Statistical Bureau of Latvia

Retail Sales in Latvia increased 3.30 percent in May 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. This page provides - Latvia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

Retail Sales in Latvia increased 3.30 percent in May of 2026 over the same month in the previous year. Retail Sales YoY in Latvia is expected to be 3.20 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
2026-05-29 10:00 AM
Retail Sales YoY
Apr 2.6% 4.2% 3.2%
2026-06-30 10:00 AM
Retail Sales YoY
May 3.3% 2.5% 2.2%
2026-07-29 10:00 AM
Retail Sales YoY
Jun 3.3% 3.2%


Related Last Previous Unit Reference
Consumer Confidence -18.80 -15.90 points Jun 2026
Consumer Spending 4522793.00 4684427.00 EUR Thousand Mar 2026
Economic Optimism Index 96.50 97.30 points Jun 2026
Retail Sales MoM -0.10 -0.40 percent May 2026
Retail Sales YoY 3.30 2.50 percent May 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
3.30 2.50 60.30 -28.20 1999 - 2026 percent Monthly
Constant Prices, WDA

News Stream
Latvia Retail Sales Rise in May
Retail sales in Latvia rose by 3.3% year-on-year in May 2026 from a downwardly revised 2.5% growth in the previous month. Sales increased for food products (2.9% vs 1.8% in April), non-specialized stores (3.0% vs 1.6%), and non-food products, except for automotive fuel (5.5% vs 2.8%), lifted by higher sales in electrical household appliances (5.7% vs 3.1%), via mail order houses or via internet (12.3% vs 4.3%), hardware, paints, and glass (9.0% vs 5.3%), other household equipment (8.5% vs 3.7%), textiles, carpets, rugs, walls, and floor coverings (11.3% vs 0.4%), and not in stores, stalls, or markets (10.9% vs 3.6%). On the other hand, activity declined for automotive fuel (-2.1% vs 2.9%). On a monthly basis, retail sales fell by 0.1% in May, following a 0.4% drop in the preceding period.
2026-06-30
Latvia Retail Sales Growth at 4-Month Low
Retail sales in Latvia increased 2.6% year-on-year in April 2026, easing from an upwardly revised 4.2% in the previous month, marking the weakest growth since December 2025. Sales slowed for non-food products, except for retail sale of automotive fuel (2.9% vs 5.4% in March), as well as for communication equipment in specialized stores (5.3% vs 11.9%), hardware, instruments, construction materials and sanitary equipment (5.2% vs 11.1%), cultural and recreation goods (5.9% vs 12.4%), and automotive fuel (3% vs 6.6%). Sales also declined in non-specialised stores (-1.6% vs 1.8%) and clothing, footwear, and leather goods (-8.8% vs 3.7%). In contrast, retail activity rose in electrical household appliances (3% vs 1.9%), pharmaceutical and medical goods (9.2% vs 2.7%), cosmetic and toilet articles (2.9% vs 2.2%), and sales via mail order houses or via the internet (4.5% vs 0.7%). On a monthly basis, retail sales fell 0.4% in April, deepening from a 0.1% drop in March.
2026-05-29
Latvia Retail Sales Remain Robust
Retail sales in Latvia increased 3.9% year-on-year in March 2026, following a downwardly revised 4% rise in February. The largest gains were recorded in sales of cultural and recreation goods, sports equipment (12.4%); information and communication equipment in specialised stores (11.8%) and hardware, instruments, construction materials and sanitary equipment (11.4%). In contrast, a decrease was seen in retail sales in stalls or markets (-6.4%). Compared to February, retail sales edged down 0.1%, led by falls in retail sales of pharmaceutical and medical goods (-3.5%) and information and communication equipment in specialised stores (-2.7%).
2026-04-29