Latvia Retail Sales YoY  1999-2017 | Data | Chart | Calendar | Forecast

Retail sales in Latvia increased 2 percent year-on-year in December of 2016 compared to 4.6 percent gain in the previous month. Sales rose at a slower pace for non-food (7.2 percent from 8.7 percent in November), namely cultural and recreation goods (8 percent from 8.9 percent in November); clothing and footwear (10.5 percent from 22.7 percent); pharmaceutical and medical goods (6.1 percent from 7.3 percent) and automotive fuel (11.4 percent from 10.6 percent). Meanwhile, sales of food products declined more (-1.8 percent from -1.5 percent). Month-over-month, retail sales went down 1.3 percent following 1.3 percent rise in the previous month. Considering full 2016, retail trade rose 1.9 percent. Retail Sales YoY in Latvia averaged 5.95 percent from 1999 until 2016, reaching an all time high of 60.60 percent in January of 1999 and a record low of -28.60 percent in December of 2009.

Latvia Retail Sales YoY
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-30 11:00 AM Oct 0.2% 0.5% 0.34%
2016-12-30 11:00 AM Nov 4.6% 0.2% 0.05%
2017-01-30 11:00 AM Dec 2% 4.6% 4.11%
2017-02-28 11:00 AM Jan 2% 2.7%
2017-03-30 10:00 AM Feb 5.09%
2017-04-28 10:00 AM Mar 5.68%




Latvia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -16.80 -19.20 0.20 -54.30 [+]
Retail Sales MoM -1.30 1.30 11.20 -10.50 percent [+]
Retail Sales YoY 2.00 4.60 60.60 -28.60 percent [+]
Consumer Spending 3685112.00 3545871.00 3877475.00 1282700.00 EUR Thousand [+]
Personal Savings -2.19 -3.55 13.25 -8.19 percent [+]
Consumer Credit 487.30 493.10 1138.00 161.80 EUR Million [+]
Bank Lending Rate 4.05 4.16 9.99 3.72 percent [+]
Economic Optimism Index 104.20 103.90 115.30 70.00 [+]
Gasoline Prices 1.25 1.20 1.86 0.41 USD/Liter [+]
Households Debt To Income 40.96 43.47 73.57 8.55 percent [+]



Latvia Retail Sales YoY Notes

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. This page provides - Latvia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 4.60 60.60 -28.60 1999 - 2016 percent Monthly