Consumer Confidence in Latvia remained unchanged at -7.30 Index Points in November from -7.30 Index Points in October of 2019. Consumer Confidence in Latvia averaged -19.59 Index Points from 1993 until 2019, reaching an all time high of 0.20 Index Points in September of 2006 and a record low of -54.30 Index Points in February of 2009.

Consumer Confidence in Latvia is expected to be -11.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Latvia to stand at -11.00 in 12 months time. In the long-term, the Latvia Consumer Confidence is projected to trend around -15.00 Index Points in 2020, according to our econometric models.

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Latvia Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-7.30 -7.30 0.20 -54.30 1993 - 2019 points Monthly

Latvia Consumer Confidence
In Latvia, consumer confidence indicator measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend.

Latvia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -7.30 -7.30 0.20 -54.30 points [+]
Retail Sales MoM 2.60 0.30 10.20 -9.20 percent [+]
Retail Sales YoY 1.70 0.10 60.60 -28.50 percent [+]
Consumer Spending 4406125.00 4153170.00 4406125.00 1286274.00 EUR Thousand [+]
Personal Savings 6.34 4.42 13.28 -20.51 percent [+]
Bank Lending Rate 3.92 3.73 9.99 3.16 percent [+]
Economic Optimism Index 103.50 102.90 115.30 69.30 [+]
Households Debt To Income 33.47 35.94 74.05 8.55 percent [+]
Gasoline Prices 1.43 1.37 1.86 0.41 USD/Liter [+]