Retail sales in Latvia rose by 1.7% year-on-year in July 2025 from a 1.4% gain in the previous month. Sales increased in sporting equipment, games and toys (38.2% vs 5% in June), cultural and recreational goods (33.2% vs 5%), cosmetic and toilet articles (21.2% vs 1.2%), and electrical household appliances (12.3% vs 11%). In addition, trading activity recovered for textiles, rugs, wall and floor coverings (7.3% vs -6.7%), via mail order houses or via internet (2% vs -4.8%), automotive fuel (0.8% vs -0.4%), and via stalls and markets (0.7% vs -3.9%). Moreover, sales declined less for non-specialised stores (-0.3% vs -1.5%) and food, beverages, and tobacco (-1.4% vs -3.2%). On a monthly basis, retail trade grew by 1.3% in July, following a 0.7% rise in the preceding period. source: Central Statistical Bureau of Latvia

Retail Sales in Latvia increased 1.70 percent in July of 2025 over the same month in the previous year. Retail Sales YoY in Latvia averaged 4.31 percent from 1999 until 2025, 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 September of 2025.

Retail Sales in Latvia increased 1.70 percent in July of 2025 over the same month in the previous year. Retail Sales YoY in Latvia is expected to be 2.50 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 4.30 percent in 2026 and 3.90 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-29 10:00 AM
Retail Sales YoY
Jun 1.4% -1.5% -1.0%
2025-08-29 10:00 AM
Retail Sales YoY
Jul 1.7% 1.5% 1.0%
2025-09-29 10:00 AM
Retail Sales YoY
Aug 1.7%


Related Last Previous Unit Reference
Consumer Confidence -13.30 -7.70 points Aug 2025
Consumer Spending 4503468.00 4371227.00 EUR Thousand Jun 2025
Economic Optimism Index 97.20 99.50 points Aug 2025
Retail Sales MoM 1.30 0.70 percent Jul 2025
Retail Sales YoY 1.70 1.50 percent Jul 2025

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
1.70 1.50 60.30 -28.20 1999 - 2025 percent Monthly
Constant Prices, WDA

News Stream
Latvia Retail Sales Growth at 7-Month High
Retail sales in Latvia rose by 1.7% year-on-year in July 2025 from a 1.4% gain in the previous month. Sales increased in sporting equipment, games and toys (38.2% vs 5% in June), cultural and recreational goods (33.2% vs 5%), cosmetic and toilet articles (21.2% vs 1.2%), and electrical household appliances (12.3% vs 11%). In addition, trading activity recovered for textiles, rugs, wall and floor coverings (7.3% vs -6.7%), via mail order houses or via internet (2% vs -4.8%), automotive fuel (0.8% vs -0.4%), and via stalls and markets (0.7% vs -3.9%). Moreover, sales declined less for non-specialised stores (-0.3% vs -1.5%) and food, beverages, and tobacco (-1.4% vs -3.2%). On a monthly basis, retail trade grew by 1.3% in July, following a 0.7% rise in the preceding period.
2025-08-29
Latvia Retail Sales Growth Strongest in 6 Months
Retail sales in Latvia rose by 1.4% year-on-year in June 2025, rebounding from a 2% drop in the previous month. This marked the strongest growth in retail activity since December 2024, mainly driven by significant increase in non-food products (5.9% vs -0.1% in May). Notable gains were seen in hardware, instruments, construction materials, and sanitary equipment (11.7%), as well as in the retail sale of ICT equipment (11.0%) and household appliances (10.8%). In addition, trade activity declined at a slower pace for food products (-3.6% vs -1.3%) and automotive fuel (-0.7% vs -1.3%). On a monthly basis, retail trade went up by 0.7% in June, recovering from a 0.7% fall in the preceding period.
2025-07-29
Latvia Retail Sales Fall the Most in Nearly 2 Years
Retail sales in Latvia fell by 2% year-on-year in May 2025, reversing a 0.6% gain in the previous month. This marked the sharpest contraction since September 2023, as sales declined for non-food products (-0.1% vs 3.6% in April), particularly in sales of cultural and recreational goods, household electrical appliances, and sales at stalls and markets. In addition, sales decreased at a faster pace for food products (-5% vs -1). Meanwhile, the decline in sales of automotive fuel (-1.3% vs -4.7%) moderated. On a monthly basis, retail trade dropped 0.7% in May, following a 0.3% rise in the preceding month.
2025-06-27