Latvia’s retail sector showed tentative signs of stabilization in March 2026, as the pace of decline in sales slowed markedly on a month-over-month basis. Retail sales fell 0.10% compared with February, a notable improvement from the 1.10% drop recorded in February versus January 2026.
The data, updated on 29 April 2026, indicate that while consumer spending remains under pressure, the worst of the recent downturn may be easing. The month‑over‑month comparison shows that the contraction in retail activity is moderating, suggesting that demand could be gradually firming after a weak start to the year. Investors and policymakers will now watch upcoming releases closely to see whether March marks the beginning of a more sustained stabilization in Latvia’s retail trade.
