Consumer Confidence in Latvia decreased to -14.40 points in September from -11.90 points in August of 2020.

Consumer Confidence in Latvia averaged -19.46 points from 1993 until 2020, reaching an all time high of 0.20 points in September of 2006 and a record low of -54.30 points in February of 2009. This page provides the latest reported value for - Latvia Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Consumer Confidence - values, historical data and charts - was last updated on October of 2020.

Consumer Confidence in Latvia is expected to be -14.40 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 -13.00 in 12 months time. In the long-term, the Latvia Consumer Confidence is projected to trend around -14.00 points in 2021 and -10.00 points in 2022, according to our econometric models.

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Latvia Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-14.40 -11.90 0.20 -54.30 1993 - 2020 points Monthly

Latvia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -14.40 -11.90 0.20 -54.30 points [+]
Retail Sales MoM 0.90 -0.90 10.20 -9.20 percent [+]
Retail Sales YoY 4.10 3.80 60.60 -28.50 percent [+]
Consumer Spending 3288856.00 3690364.00 4389631.00 1418096.00 EUR Thousand [+]
Personal Savings 6.34 4.42 13.28 -20.51 percent [+]
Households Debt To Income 33.47 35.94 74.05 8.55 percent [+]
Bank Lending Rate 4.36 3.68 9.99 3.16 percent [+]
Economic Optimism Index 91.00 87.60 116.60 30.10 [+]
Gasoline Prices 1.31 1.35 1.86 0.41 USD/Liter [+]

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.