Latvian economy expanded 5 percent in Q410.02.2012, 09:53
Statistics of Latvia has published flash estimates on GDP growth in Latvia in fourth quarter of 2011.
According to the preliminary data, Latvian economy expanded by 5 percent in the fourth quarter compared to the same period last year.
The quarter on quarter seasonally adjusted growth was equal to 0.8 percent. Using this data the preliminary Latvian GDP growth for 2011 should be 5.2 percent. The final GDP growth rate will be published in March.