In September confidence indicator in retail trade was 2.9, according to seasonally adjusted data, and, compared to August, it has risen by one percentage point. In the services sector, the seasonally adjusted confidence indicator in September was 2.9 and business environment of entrepreneurs, compared to August, has worsened by 0.7 percentage points.
In construction, according to seasonally adjusted data, confidence indicator in September comprised - 12.7, which is an improvement of 2.8 percentage points as compared to the previous month.
According to seasonally adjusted data, confidence indicator in manufacturing in September comprised - 7.5. As compared to August, it has increased by 0.7 percentage points.
In September 2024 economic sentiment indicator in Latvia comprised 98.4 (97.3 in the previous month), while employment change expectations indicator increased to 97.7, but it still was below long-term average value.
Economic Uncertainty Indicator, which describes the predictability of socio-economic situation in the country, amounted to 13.8 in September. As the economic uncertainty is falling for the third consequent month, the indicator has reached the lowest value since June 2021.
Business surveys in manufacturing, construction, retail trade and services sector are carried out by the CSB monthly, accordingly methodology of the Joint Harmonised EU Program of Business and Consumer Surveys co-financed by the European Commission.
