Economy in Latvia

  • Latvia PPI Rises At Faster Rate In July

    LATVIA, 2017/08/22 Latvia's producer prices increased for the sixth straight month in July, and at a faster pace than in the previous five months, figures from the Central Statistical Bureau showed Monday. Industrial producer prices climbed 3.6 % year-on-year in July, faster than the 3.1 % rise in June.

  • Europe in 2016: Terror fears, migration, politics. But economy may turn a corner

    ALBANIA, 2016/01/02

  • Global growth will be disappointing in 2016: IMF's Lagarde

    AFGHANISTAN, 2016/01/02 World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide. Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.

  • Russian Crisis Hits Latvia

    LATVIA, 2015/06/08  

  • Revised IMF forecasts signal gloom on global economic outlook

    AFGHANISTAN, 2015/01/20 Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday. In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.

  • "Northern Transit Route to and from Afghanistan – a Path to Stability",

    LATVIA, 2013/01/09 On 3 December, representatives from the Ministry of Foreign Affairs and the Ministry of Transport take part in an international conference, "Northern Transit Route to and from Afghanistan – a Path to Stability", held in Moscow.

  • Today – Small Business Day

    LATVIA, 2013/01/09 Latvia is a good example of business activity – no other European country has this a lot of newly registered companies and eager businessmen. In order to motivate business activity, creativeness and responsibility in people, a new initiative was organized – “Support small business!” This initiative encourages making one day of the year a day of offers of micro and small business, while large companies are invited to celebrate good cooperation and offer great cooperation conditions to their smaller suppliers, informs of the organizers of the initiative Kristaps Banga.

  • Latvia Inflation Stable In November

    LATVIA, 2012/12/11 Latvia's consumer price inflation in November remained unchanged from the previous month, . The consumer price index rose by 1.6 % year-on-year in November, equaling the pace seen in October. In September, inflation was 1.8 %.

  • Latvia Q3 GDP Growth Quickens Less Than Initially Estimated

    LATVIA, 2012/12/10 Latvia's economic increase accelerated less than initially estimated in the third quarter, final data released by the Central Statistical Bureau showed Friday. Gross domestic product, on a non-adjusted basis and at constant prices, increased 5.2 % year-on-year in the third quarter, a tad slower than the 5.3 % expansion estimated previously. The new increase was, nevertheless, faster than second quarter's 5 %.

  • Latvia finance minister demands immediate Grexit 2012-07-30

    LATVIA, 2012/07/30
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