International Reserves in Latvia
Latvia - International ReservesGrowth slumped to an over two-year low in the first quarter, on feebler domestic demand. Weaker household consumption and cooling public spending curbed total consumption growth in Q1, while fixed investment growth more than halved from the previous quarter. On a more positive note, the external sector cushioned the slowdown somewhat, largely thanks to solid goods exports growth. Turning to the second quarter, growth appears to have remained relatively soft. Economic sentiment slid to an over two-year low in May on weaker confidence in all surveyed sectors except industry. Furthermore, merchandise exports growth slowed considerably in April, suggesting that weaker demand conditions are taking its toll on the external sector.
Latvia - International Reserves Data
|International Reserves (EUR)||5.8||2.7||3.2||3.3||3.9|
5 years of economic forecasts for more than 30 economic indicators.
Latvia International Reserves Chart
Source: Bank of Latvia and FocusEconomics calculations.
|Bond Yield||0.55||0.0 %||Jun 30|
|Exchange Rate||1.13||0.65 %||Jul 11|
|Stock Market||1,024||0.17 %||Jul 11|
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June 4, 2019
Industrial output dipped 2.4% in working day-adjusted year-on-year terms in April, contrasting March’s 1.5% increase.
May 31, 2019
A second reading of national accounts data revealed that the economy grew at a slightly faster pace than previously estimated in the first quarter of the year.
May 7, 2019
Industrial output increased 1.5% in working day-adjusted year-on-year terms in March, contrasting February’s 3.2% fall, which had marked the worst result in over five years.
April 30, 2019
Growth decelerated to 2.8% in year-on-year terms in the first quarter of the year, down sharply from the previous quarter’s 5.1% increase and marking the weakest expansion since Q3 2016.
April 15, 2019
Consumer prices rose 1.1% from the previous month in March, accelerating sharply from February’s 0.1% increase.