Retail sales in Latvia rose 3.5% year-on-year in August 2026, slowing from a downwardly revised 6.8% increase in July and marking the weakest pace since April. Sales growth eased for food products (2.3% vs 2.6%), non-food products excluding automotive fuel (3.9% vs 9.6%), and automotive fuel (4.3% vs 8.2%). Within the non-food segment, sales slowed for information and communication equipment (6.7% vs 10.4%), hardware, construction materials and sanitary equipment (3.1% vs 17.3%), pharmaceutical and medical goods (8.1% vs 8.6%), and electrical household appliances (0.7% vs 6.2%), while sales of clothing, footwear and leather goods were flat (0.0% vs 10.1%) and goods in non-specialised stores declined (-1.5% vs 10.2%). In contrast, sales accelerated via mail order or the Internet (15.3% vs 14.8%) and for cosmetic and toilet articles (3.6% vs 2.9%), while sales via stalls and markets fell 9.3%. On a monthly basis, sales fell 1.4%, reversing a downwardly revised 2.2% increase in July. source: Central Statistical Bureau of Latvia
Retail Sales in Latvia increased 3.50 percent in August of 2026 over the same month in the previous year. Retail Sales YoY in Latvia averaged 4.30 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 October of 2026.
Retail Sales in Latvia increased 3.50 percent in August of 2026 over the same month in the previous year. Retail Sales YoY in Latvia is expected to be 3.00 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.