30 December 2025, 15:35 Latvia: Retail Sales Growth Slows in November.
Retail sales in Latvia rose 3.3% year-on-year in November 2025, marking six consecutive months of gains but slowing from the 4.8% increase in October. The moderation was largely driven by weaker growth in non-food products (4.4% vs 8.4%), including softer gains in sub-categories such as non-specialized stores (2.7% vs 20.7%) and electrical household appliances in specialized stores (10.3% vs 15.0%), alongside declines in hardware, instruments, construction materials and sanitary equipment (-3.6% vs 7.6%), cultural and recreation goods (-12.5% vs 8.6%), and clothing, footwear and leather goods (-9.7% vs 6.9%). In contrast, sales of food products (0.8% vs 0.1%) and automotive fuel (4.6% vs 3.7%) accelerated. On a seasonally adjusted monthly basis, retail sales rose 0.3% in November, following a 1.2% gain in October.
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