Latvia Economy Exits Recession in Q2 âšī¸
Latvia's economy grew by 1.7% year-on-year in Q2 2025, reversing previous quarterly contractions, driven by gross capital formation and government spending despite declining household consumption.
Modest economic recovery signals potential stabilization, with growth primarily from capital investment and government expenditure. Limited direct impact on global portfolio due to Latvia's small economic scale.
Latvia Retail Sales Growth at 7-Month High âšī¸
Latvia's retail sales increased by 1.7% year-on-year in July 2025, with significant growth in sporting goods, recreational items, cosmetics, and electrical appliances.
Moderate retail sales growth indicates stable consumer spending, but limited direct relevance to global portfolio holdings. Signals potential resilience in consumer discretionary sectors with modest economic indicators.