Latvia: Economic sentiment remains above threshold in December
Latest reading: Economic sentiment fell to 100.7 in December, following November’s 101.2. Still, the index remained above the long-term average of 100, pointing to an upbeat near-term outlook for the economy.
In December, sentiment darkened in the industrial sector (-4.0 vs -3.4 in November), the construction sector (-6.7 vs -5.8 in November), the retail sector (+2.2 vs +5.1 in November) and among consumers (-8.3 vs -6.4 in November). In contrast, sentiment brightened in the services sector (+3.7 vs +3.1 in November).