International Reserves in Latvia
Latvia - International ReservesThe economy gained steam in the third quarter, amid a broad-based acceleration, although the pace of expansion remained well below the average levels seen in 2017–2018. Private spending picked up in Q3, supported by rising household purchasing power and a tighter labor market, which, coupled with healthier investment activity growth, underpinned an upturn in domestic demand in the quarter. On the external front, exports rebounded decisively in Q3, while imports faltered. The current account improved as result, thus buoying growth further. Turning to the fourth quarter, private sector activity seems to have softened: The economic sentiment indicator deteriorated in October–November, industrial output growth more than halved in October and merchandise exports came to a near halt in the same month.
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||1.12||0.65 %||Dec 31|
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January 10, 2020
Consumer prices fell 0.2% from the previous month in December, following November’s 0.3% decrease.
January 3, 2020
Industrial production fell 0.2% in annual working-day adjusted terms in November, contrasting October’s 3.0% expansion.
December 9, 2019
Consumer prices fell 0.3% from the previous month in November, swinging from October’s 0.4% month-on-month increase and marking the first contraction since July.
December 4, 2019
Industrial production rose 3.0% in annual working-day adjusted terms in October, decelerating from September’s 7.3% jump which had marked the strongest expansion since February 2018.
November 29, 2019
GDP increased 2.9% in annual terms in the third quarter, according to a second estimate released on 29 November.