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EXPERT'S COMMENT

Līva Zorgenfreija

economist, Latvijas Banka

The flash estimate of Latvia's economic development suggests an even faster growth than before.

Oļegs Krasnopjorovs

economist, Latvijas Banka

It is not possible to reach the level of German well-being with Romanian price level; along with an increase in income, prices will also rise.

Kristofers Pone

economist, Latvijas Banka

The current account recorded a surplus also in the second quarter of 2018. This was driven by a stronger increase in exports of goods and services and concurrent weaker import growth

In the third quarter, the number of employed persons in Latvia increased by 10.5 thousand quarter-on-quarter, while that of unemployed decreased by 6.6 thousand. Employment expanded not only on account of declining unemployment, but also as a result of the formerly inactive population entering the labour market.

Daina Pelēce

economist, Latvijas Banka

Latvia's exports of goods continue to benefit from global economic growth.

Annual inflation (%; HICP)

2017 IX	3.00
2017 X	2.70
2017 XI	2.70
2017 XII	2.20
2018 I	2.00
2018 II	1.80
2018 III	2.30
2018 IV	2.10
2018 V	2.40
2018 VI	2.70
2018 VII	2.70
2018 VIII	2.80
2018 IX	3.30

Foreign direct investment in Latvia (net flows, EUR millions)

Job seekers rate (%)

Exports (year-on-year; %)

2017 IX	8.80
2017 X	10.90
2017 XI	16.20
2017 XII	7.80
2018 I	19.30
2018 II	13.00
2018 III	-5.30
2018 IV	15.80
2018 V	9.40
2018 VI	10.70
2018 VII	8.30
2018 VIII	7.80
2018 IX	-1.00

All

Macroeconomic Indicators

2017 Q3	6.20
2017 Q4	4.80
2018 Q1	4.90
2018 Q2	4.40
2018 Q3	5.50

2017 Q2	141.00
2017 Q3	386.00
2017 Q4	-31.00
2018 Q1	105.00
2018 Q2	23.00

2017 Q3	8.50
2017 Q4	8.10
2018 Q1	8.20
2018 Q2	7.70
2018 Q3	7.00

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EXPERT'S COMMENT

Līva Zorgenfreija

Oļegs Krasnopjorovs

Kristofers Pone

Ieva Opmane

Daina Pelēce

Real GDP (year-on-year; %)

Annual inflation (%; HICP)

Foreign direct investment in Latvia (net flows, EUR millions)

Job seekers rate (%)

Exports (year-on-year; %)

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