27 March 2026, 16:41 Latvia: Retail Sales Growth Eases.
Retail sales in Latvia rose 4.3% year-on-year in February 2026, slowing from a more than three-year high of 6.1% in the previous month. Sales moderated for non-food products, except automotive fuel (6.7% vs 9.5% in January), particularly in hardware, instruments, construction materials, and sanitary equipment (3.1% vs 12.5%), cultural and recreational goods (5.5% vs 30.4%), pharmaceutical and medical goods (10.2% vs 13.9%), and clothing, footwear, and leather goods (5.4% vs 16.5%). The overall slowdown in retail trade was also influenced by automotive fuel sales, which eased notably to 6.2% from 11.4% in January. In contrast, sales of food products stalled after declining 1.7%. On a seasonally adjusted monthly basis, retail activity dropped 1.1% in February, reversing a 2.7% gain in the preceding month.
© 1999-2026 Forex EuroClub
All rights reserved