Latvia’s retail sector lost some momentum in February, with year-on-year sales growth easing to 4.30%, down from 6.10% in January 2026. The latest figures, updated on 27 March 2026, indicate that consumer activity remains solid but is expanding at a slower pace than at the beginning of the year.
Both readings are measured against the same month a year earlier, meaning January’s 6.10% reflected growth versus January of the previous year, while February’s 4.30% compares with February a year ago. The deceleration suggests that while household spending continues to support Latvia’s economy, the post-pandemic rebound and inflation-driven nominal boosts to turnover may be giving way to a more moderate, sustainable rate of retail expansion.
