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EXPERT'S COMMENT

Daina Paula

economist, Latvijas Banka

In the second quarter of 2018, the Latvian economy continued on a cyclical growth path, although, as expected, slightly lagging behind the pace posted in the first quarter.

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

The situation where the expectations of employers and those of the employed do not match is characteristic of Latvia. Looking through rose-tinted glasses or not, everyone determines their preferred remuneration and working conditions.

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 VIII	9.20
2017 IX	7.90
2017 X	10.40
2017 XI	15.20
2017 XII	6.70
2018 I	18.10
2018 II	11.00
2018 III	-6.10
2018 IV	15.30
2018 V	8.50
2018 VI	10.70
2018 VII	8.30
2018 VIII	7.80

All

Macroeconomic Indicators

2017 Q2	4.90
2017 Q3	6.20
2017 Q4	4.70
2018 Q1	4.90
2018 Q2	4.40

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

2017 Q2	8.90
2017 Q3	8.50
2017 Q4	8.10
2018 Q1	8.20
2018 Q2	7.70

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EXPERT'S COMMENT

Daina Paula

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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