Latvia’s retail sector lost some steam in April 2026, with year-over-year sales growth easing to 2.60%, down from 3.90% in March 2026, according to data updated on 29 May 2026. The figures compare each month’s performance with the same month a year earlier.
The slowdown suggests that consumer demand in Latvia is growing at a more moderate pace this spring, after a stronger showing in March. While retail sales are still expanding on an annual basis, the weaker April reading may indicate a more cautious spending environment or the impact of less favorable base effects compared with the previous year.
Market participants and analysts will be watching upcoming monthly data closely to see whether April’s deceleration proves temporary or marks the start of a more prolonged softening in Latvian consumer activity.
