Latvia Retail Sales YoY  Forecast


Retail Sales YoY in Latvia is expected to be 4.21 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Latvia to stand at 4.77 in 12 months time. In the long-term, the Latvia Retail Sales YoY is projected to trend around 4.87 percent in 2020, according to our econometric models.

Latvia Retail Sales YoY
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Latvia Consumer Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Confidence -8.8 -3.98 -4.8 -4.59 -4.65 -4.63
Retail Sales MoM 0.8 0.51 0.3 0.33 0.33 0.33
Retail Sales YoY 3.9 4.21 4.5 4.68 4.77 4.87
Consumer Spending 3695749 3785160 3521765 3487540 3785183 3643255
Personal Savings -2.19 -3.36 -4.3 -4.26 -4.22 -3.51
Consumer Credit 500 504 508 509 509 504
Bank Lending Rate 3.21 3.28 3.31 3.28 3.28 3.27
Economic Optimism Index 107 107 107 107 107 108
Gasoline Prices 1.27 1.26 1.26 1.25 1.25 1.19
Households Debt To Income 40.96 37.88 36.69 36.13 35.56 29.25