Retail Sales in Latvia decreased 1.10 percent in May of 2019 over the previous month. Retail Sales MoM in Latvia averaged 0.37 percent from 2000 until 2019, reaching an all time high of 10.40 percent in January of 2005 and a record low of -9.20 percent in January of 2009.
Retail Sales MoM in Latvia is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Latvia to stand at 1.50 in 12 months time. In the long-term, the Latvia Retail Sales MoM is projected to trend around 0.40 percent in 2020, according to our econometric models.