8.3% The average monthly gross wage increased by 8.3% in the third quarter on an annual basis.

EXPERT'S COMMENT

Agnese Rutkovska

Economist, Latvijas Banka
In the third quarter, Latvia's GDP growth seems to have retained stability over the first half of the year, albeit mostly on account of some one-off factors rather than stability or improvement in the external or the domestic demand. Furthermore, the overall growth is considerably lower than last year.

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
Foreign direct investment in Latvia totalled 397 million euro or 4.9% of GDP in the third quarter of 2019.

Miķelis Zondaks

Economist, Latvijas Banka
Despite the increasing signals of economic growth slowdown and risks in external markets causing uncertainty with respect to Latvia's economic outlook, labour demand still remains high.

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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