Flash comment: Latvia - GDP Q2 Flash
Latvia: Bad, but in line with expectations

  • GDP down in Q2 2020 by 9.8% YoY and 7.5% over the previous quarter
  • Recovery was rapid right after the relaxation of measures, but expected to lose strength as global growth disappoints

GDP in Q2 declined in line with forecasts, following a sharper-than expected drop in Q1. 

PDF-Document Read full analysis here

For more information please contact Ms. Līva Zorgenfreija, +371 67445875, liva.zorgenfreija@swedbank.lv

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