1.5% In the third quarter of 2019 manufacturing output grew by 1.5% year-on-year.

EXPERT'S COMMENT

Daina Paula

Economist, Latvijas Banka
The flash estimate for Latvia's economic growth in the third quarter shows that after the unfavourable developments at the beginning of the year growth has recovered and stabilised; however, it was primarily driven by short-term factors.

Oļegs Krasnopjorovs

Economist, Latvijas Banka

Andrejs Bessonovs

Economist, Latvijas Banka
According to our research, a 10% increase in global oil prices raises the level of consumer prices in Latvia by 0.6% in the medium term.

Kristofers Pone

Economist, Latvijas Banka
In the first half of 2019 overall foreign direct investment in Latvia amounted to 110.8 million euro or 0.8% of GDP.

Miķelis Zondaks

Economist, Latvijas Banka
While the overall number of the unemployed is declining, some age groups have recorded an increase suggesting that, at the moment, not all job seekers can find a desirable or suitable job.

Daina Pelēce

Economist, Latvijas Banka
Latvia's exports of goods continue to benefit from global economic growth.
  • 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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