Latvia’s retail sector moved into negative territory in August 2026, with month-over-month sales declining by 1.40%, according to data updated on 29 September 2026. The reversal comes after a 2.20% increase recorded in July 2026, highlighting a notable shift in short-term consumer activity.
On a month-over-month basis, the latest figure shows that the earlier momentum in July did not carry through to August. While July’s 2.20% gain reflected a solid rise compared with June, August’s 1.40% drop suggests softer demand or possible payback after the prior month’s strength.
The data are based on a month-over-month comparison, meaning the August reading measures the change from July 2026, while the previous indicator measured July’s change relative to June 2026. Investors and analysts will be watching upcoming releases to see whether August’s decline marks a temporary pullback or the start of a more sustained cooling in Latvian retail activity.
