Consumer Confidence in Latvia increased to -11.90 points in August from -17.30 points in July of 2021. source: Central Statistical Bureau of Latvia

Consumer Confidence in Latvia averaged -19.25 points from 1993 until 2021, reaching an all time high of 1.50 points in June of 2021 and a record low of -54.30 points in February of 2009. This page provides the latest reported value for - Latvia Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Consumer Confidence - values, historical data and charts - was last updated on October of 2021.

Consumer Confidence in Latvia is expected to be -16.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Consumer Confidence is projected to trend around -10.00 points in 2022, according to our econometric models.

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Latvia Consumer Confidence


Latvia Last Unit Reference Previous Highest Lowest
Retail Sales MoM 0.30 percent Aug/21 -1.60 10.40 -8.80
Consumer Confidence -11.90 points Aug/21 -17.30 1.50 -54.30
Retail Sales YoY 3.70 percent Aug/21 4.80 60.60 -28.40
Consumer Spending 3788404.00 EUR Thousand Jun/21 3499888.00 4389631.00 1418096.00
Economic Optimism Index 99.80 Sep/21 101.90 117.00 28.70


Latvia Consumer Confidence
In Latvia, consumer confidence indicator measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend.