Latvia: Economic sentiment improves in February
Latest reading: Economic sentiment went up to 100.6 in February, following January’s 99.5. The latest reading was above the long-term average of 100, pointing to a positive near-term outlook for the economy.
In February, sentiment improved in the industrial sector (-4.0 vs -4.2 in January), the construction sector (-7.8 vs -7.9 in January) and among consumers (-10.1 vs -11.3 in January). In contrast, sentiment darkened in the services sector (+3.6 vs +4.0 in January) and the retail sector (+2.1 vs +3.0 in January).