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Thursday, 28.03.2024, 18:21
Swedbank ups Latvia's economic growth projection to 2.1% in 2016
BC, Riga, 24.08.2015.Print version
Swedbank has raised the economic growth projection for Latvia to 2.1% in 2015, reports LETA.
This past April, the bank said it expected Latvia's economy to grow 1.9% this year.
Latvia's economic growth is now projected at 3.3% in 2016 and 3% in 2017.
According to Swedbank, average inflation this year is estimated at 0.5% and next year at 2%.
The bank's respective inflation projections released this past April were 0.8% and 2.7%.