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%). source: Central Statistical Bureau of Latvia

Retail Sales in Latvia increased 3.90 percent in March 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 May of 2026.

Retail Sales in Latvia increased 3.90 percent in March 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
2026-03-27 11:00 AM
Retail Sales YoY
Feb 4.3% 6.4% 3.8%
2026-04-29 10:00 AM
Retail Sales YoY
Mar 3.9% 4% 4.1%
2026-05-29 10:00 AM
Retail Sales YoY
Apr 3.9%


Related Last Previous Unit Reference
Consumer Confidence -16.10 -9.60 points Apr 2026
Consumer Spending 4622174.00 4798151.00 EUR Thousand Dec 2025
Economic Optimism Index 98.00 100.80 points Apr 2026
Retail Sales MoM -0.10 -1.50 percent Mar 2026
Retail Sales YoY 3.90 4.00 percent Mar 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
3.90 4.00 60.30 -28.20 1999 - 2026 percent Monthly
Constant Prices, WDA

News Stream
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
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