Latvian GDP growth to depend on fundamentals09-08-2011
In 2010, economic growth in Latvia was strongly supported by restocking, similar to other countries. In the first quarter of the current year, GDP growth slowed, but it is expected to have picked up again in the second quarter. In future, growth will depend on economic fundamentals. The most recent Latvian data showed that inflation decelerated in July. Read more about Latvia and the economies of neighbouring Estonia and Lithuania in Swedbank’s Newsroom.