Analytics, Baltic, Economics, GDP

International Internet Magazine. Baltic States news & analytics Thursday, 23.05.2013, 09:12

Swedbank raises Baltic economic growth forecast for 2013

Danuta Pavilenene, BC, Vilnius, , 24.04.2012.Print version
Swedbank, the largest lender in the Baltic region, raised its 2013 economic-growth forecasts for Estonia, Latvia and Lithuania, citing a better outlook in global demand.

Estonia's economy will probably expand 4.2% next year, compared with a January forecast of 4%, the bank said today, reports LETA/ELTA, referring to Bloomberg.

 

Latvia's economy may grow 3.5% in 2013, while Lithuania's gross domestic product may expand 4.3%, it said.

 

The bank also raised Latvia's 2012 growth forecast to 2.5% from a previous estimate of 2%, the report said.




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