Exchange Rate in Latvia
Latvia - Exchange Rate (average of period)
Growth sank to a near three-year low in the second quarter. On the domestic front, fixed investment growth nearly halved amid weaker inflows of EU funds. That said, the domestic economy was shielded by stronger private consumption growth amid a tighter labor market. Meanwhile, a slump in export growth amid the Eurozone’s broader slowdown, coupled with a jump in import growth, led to a deterioration in the external sector’s contribution to growth. Turning to Q3, incoming data has been mixed thus far. Unemployment fell to over a-decade-low in August, while retail sales surged in July, signaling that consumer demand metrics remained upbeat. Nonetheless, industrial output contracted in July, while the economic sentiment indicator hovered around July’s 30-month low in August pointing to frail business conditions.Latvia - Exchange Rate (aop) Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Exchange Rate (vs USD, aop) | - | - | - | - | - |
Latvia Exchange Rate (aop) Chart
Source: Thomson Reuters.
Latvia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.55 | 0.0 % | Jun 30 |
| Exchange Rate | 1.10 | 0.65 % | Sep 04 |
| Stock Market | 1,025 | 0.17 % | Sep 04 |
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Economic News
Latvia: Inflation falls to nine-month low in September
October 9, 2019
Consumer prices ticked up 0.1% from the previous month in September, down slightly from August’s 0.2% drop.
Latvia: Industrial production rebounds in August
October 4, 2019
Industrial production rose 2.0% in annual working-day adjusted terms in August, rebounding from July’s 1.3% dip.
Latvia: Inflation edges up in August
September 9, 2019
Consumer prices ticked up 0.2% from the previous month in August, contrasting July’s 1.0% drop, which had marked the strongest monthly contraction since July 2015.
Latvia: Industrial output dips in July
September 3, 2019
Industrial production fell 1.3% in annual working-day adjusted terms in July, contrasting June’s robust 4.4% increase.
Latvia: Inflation ticks down in July
August 12, 2019
Consumer prices fell 1.0% in July from the previous month in July, contrasting June’s 0.4% increase and marking the strongest monthly contraction since July 2015.
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