Latvia Retail Sales Hit Near 3-Year High

2025-11-28 11:28 By Czyrill Jean Coloma 1 min. read

Retail sales in Latvia grew by 4.8% year-on-year in October 2025, from 2.7% in the previous month.

This marked the strongest growth in retail activity since November 2022, as sales increased at a faster pace for fuel and gas stations (3.7% vs 1% in September), information and communication technology equipment (14.7% vs 2.2%), household goods (7.9% vs 4.1%), other goods in specialized stores (7.1% vs 6.8%), and non-specialized stores (3.3% vs 1%).

Meanwhile, sales declined further for food, beverages, and tobacco (-19.1% vs -11.2%), and growth slowed for cultural and recreational goods (8.6% vs 12.3%) and for sales outside shops, stalls, and markets (0.2% vs 5.8%).

Moreover, trade in stalls and markets tumbled (-2.4% vs 5.8%).

On a monthly basis, retail sales rose 1.2%, rebounding from a downwardly revised 0.6% fall in the previous month and marking its highest level since July.



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