Key Macroeconomic Indicators
Prices and Costs
| Annual inflation (%; CPI) | 2018 VIII | 2.80 |
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| Annual inflation (%; HICP) | 2018 VIII | 2.80 |
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| Annual core inflation (HICP excluding unprocessed food and energy) | 2018 VIII | 1.70 |
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| 12-month average inflation (%; HICP) | 2018 VIII | 2.50 |
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Real Sector
| Nominal GDP (in millions of euros) | 2018 Q2 | 7279.10 |
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| Real GDP (year-on-year; %) | 2018 Q2 | 4.40 |
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| Working day-adjusted manufacturing output index (year-on-year; %) | 2018 VII | 1.20 |
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| Retail trade turnover at constant prices (year-on-year; %) | 2018 VII | 4.30 |
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External Sector
| Exports (in millions of euros) | 2018 VII | 949.80 |
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| Exports (year-on-year; %) | 2018 VII | 8.30 |
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| Imports (in millions of euros) | 2018 VII | 1355.40 |
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| Imports (year-on-year; %) | 2018 VII | 14.50 |
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| Foreign trade surplus/deficit (in millions of euros) | 2018 VII | -405.70 |
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| Current account balance (in millions of euro) | 2018 Q2 | 35.00 |
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| Foreign direct investment in Latvia (net flows, % of GDP) | 2018 Q2 | 0.40 |
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| Foreign direct investment in Latvia (net flows, EUR millions) | 2018 Q2 | 23.00 |
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Labour Market
| Registered unemployment rate (%) | 2018 VIII | 6.30 |
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| Number of registered unemployed (in thousands) | 2018 VIII | 58.05 |
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| Job seekers rate (%) | 2018 Q2 | 7.70 |
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| Nominal gross wages and salaries (year-on-year; %) | 2018 Q2 | 8.40 |
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| Real net wages and salaries (year-on-year; %) | 2018 Q2 | 7.40 |
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Public Finances
Financial and Monetary Developments
| Resident loans (in millions of euros) | 2018 VII | 11730.30 |
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| Resident loans (year-on-year; %) | 2018 VII | -8.20 |
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| Resident deposits (in millions of euros) | 2018 VII | 11320.20 |
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| Resident deposits (year-on-year; %) | 2018 VII | 4.10 |
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| Weighted average interest rate on euro loans to enterprises | 2018 VII | 2.71 |
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Sources: State Treasury of Latvia, Central Statistical Bureau, Latvijas Banka