GDP

International Internet Magazine. Baltic States news & analytics Saturday, 21.09.2019, 08:32

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Bank of Latvia cuts GDP growth projection for this year to 2.5%

Bank of Latvia cuts GDP growth projection for this year to 2.5%

20.09.2019

The Bank of Latvia has lowered its gross domestic product (GDP) growth projection for this year from 2.9 percent to 2.5 percent, according to adjusted data, and the growth projection for 2020 from 3.1% to 2.6%, the Bank of Latvia Governor Ilmars Rimsevics told LETA.

Keyword tags: Analytics, Economics, Financial Services, GDP, Latvia



Estonian academic trade unions to hold demonstrations to support greater research funding

Estonian academic trade unions to hold demonstrations to support greater research funding

18.09.2019

Academic trade unions in Estonia are to hold demonstrations in support of increased funding of higher education and research to be held in Tallinn and Tartu at noon on Thursday, reported LETA/BNS.

The current account deficit stood at 1.3% of GDP in the second quarter

The current account deficit stood at 1.3% of GDP in the second quarter

13.09.2019

With the value of exports of goods declining and thus exerting a downward pressure on the overall trade balance, the current account overall recorded a deficit of 96.8 million euro or 1.3% of GDP in the second quarter of 2019.


Lithuania's procurement body halts GIPL EUR 100 mln tender

Lithuania's procurement body halts GIPL EUR 100 mln tender

10.09.2019

Lithuania's Public Procurement Office has ordered Lithuania's gas transmission company Amber Grid to temporarily halt the tender, worth almost 100 million euros, for the contractor of the gas interconnection between Poland and Lithuania (GIPL), informed LETA/BNS.

Latvia: Domestic demand remains the only pillar supporting GDP growth

Latvia: Domestic demand remains the only pillar supporting GDP growth

06.09.2019

Signals of decelerating export growth are becoming increasingly stronger, and GDP growth is mostly sustained by domestic demand. Without the support of exports, however, domestic demand alone cannot ensure sustainable growth. Hence, the growth rate is moderating gradually.


30.08.2019

GDP has grown by 2.0% in Q2 in Latvia

Data compiled by the Central Statistical Bureau (CSB) show that in the 2nd quarter of 2019, compared to the 2nd quarter of 2018, the gross domestic product (GDP) (seasonally and calendar non-adjusted data) increased by 2.0%. In the 2nd quarter GDP at constant prices was EUR 7.7 bn.

30.08.2019

Estonia: Economic growth slowed down in the 2nd quarter

According to Statistics Estonia, gross domestic product (GDP) of Estonia increased 3.6% in the 2nd quarter of 2019 compared to the same period of the previous year.

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