Swedbank has cut Latvia's economic growth forecast to 2.5% in 2014, reports LETA/Nozare.lv.
Riga
© Organizatorių nuotr.

In 2015, Latvia's economic growth could increase by 2.6%. In 2016, Latvia's gross domestic product could increase by 3.5%, senior economist at Swedbank Lija Strasuna informed LETA.

In April, Swedbank lowered its original forecast for gross domestic product (GDP) growth from 4.8 to 3%.

Meanwhile, inflation in Latvia could remain moderate, 0.8% in 2014.

The Central Statistical Bureau indicates that in the second quarter of 2014, Latvia's national economy has grown by 2.5%. According to seasonally adjusted data, as compared to the first quarter of 2014, Latvia's GDP grew one percent in the second quarter of 2014.

In the first quarter of 2014, GDP increased 2.8% (seasonally non-adjusted data), as compared to the first quarter of 2013, whereas in comparison with the fourth quarter of 2013, it grew 0.6% (seasonally adjusted data). In the first quarter of 2014, GDP at current prices comprised EUR 5.3 billion.

In 2013, Latvia's GDP grew 4.1%.

Įvertink šį straipnį
Norėdami tobulėti, suteikiame jums galimybę įvertinti skaitomą DELFI turinį.
  • 1
  • 2
  • 3
  • 4
  • 5
(0 žmonių įvertino)
0
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

How Lithuania helped shape Sweden’s elegance

Politics is the new black, regardless of which one you choose, fictional or real. Just as many...

Rail Baltica developing efficient and sustainable energy supply system

The joint venture of the three Baltic states RB Rail AS has commenced the Study for the Development of...

Latvia's private, nongovernmental sectors to be included in national defense system

The Latvian defense ministry proposes developing a comprehensive national defense system that would...

Talks on Latvia's next gov't in new deadlock over interior minister candidate

Negotiations on Latvia's next coalition government ran into a deadlock again on Thursday as the five...

Baltic PMs meet on closer cooperation, security

The prime ministers of Lithuania, Latvia and Estonia met here on Monday on closer cooperation and...