Latvia’s retail sector shifted into reverse in February 2026, with sales falling 1.10% month-over-month, according to data updated on 27 March 2026. The decline marks a sharp contrast to January 2026, when retail turnover grew by 2.80% compared with December, signaling that consumer activity has cooled after a strong start to the year.
On a month-over-month basis, February’s drop indicates that households and consumers scaled back spending compared with January, when momentum was clearly positive. The latest reading suggests volatility in short-term demand patterns, with the strong January upswing followed by a notable pullback just one month later. Investors and analysts will be watching upcoming releases closely for signs of whether this February dip proves temporary or signals a more persistent moderation in Latvian consumer spending.
