Latvia: Business confidence survey
* indicates monthly or quarterly data series
The most recent value is -3.28 points as of September 2024, an increase compared to the previous value of -3.6 points. Historically, the average for Latvia from February 2002 to September 2024 is -1.31 points. The minimum of -39.84 points was recorded in March 2009, while the maximum of 15.33 points was reached in January 2007.
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* indicates monthly or quarterly data series
- Measure: points
- Source: Eurostat
| Recent values | Latvia: Business confidence survey |
|---|---|
| 2024 Sep | -3.28 |
| 2024 Aug | -3.6 |
| 2024 Jul | -5.21 |
| 2024 Jun | -3.47 |
| 2024 May | -3.56 |
| 2024 Apr | -3.45 |
| 2024 Mar | -2.21 |
| 2024 Feb | -3.81 |
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Definition: The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | 2.10 | 8/2024 | percent |
| Retail sales | 102.40 | 8/2024 | index points |
| Retail sales Y-on-Y | 0.99 | 8/2024 | percent |
| House price index | 245.96 | Q2/2024 | index points |
| Real residential property prices Y-on-Y change | 0.23 | Q2/2024 | percent |
| Business confidence survey | -3.28 | 9/2024 | points |
| Consumer confidence survey | -8.20 | 9/2024 | points |