Latvia: Economic sentiment is stable in August
Latest reading: Economic sentiment was stable at July’s 100.3 in August. The latest reading was above the long-term average of 100, pointing to a positive near-term outlook for the economy.
In August, sentiment brightened in the industrial sector (-3.3 vs -3.5 in July), the construction sector (-7.6 vs -9.9 in July), the services sector (+5.5 vs +3.6 in July) and the retail sector (+2.5 vs +2.4 in July). In contrast, sentiment worsened in among consumers (-10.4 vs -7.5 in July).