Thursday, August 9, 2007

Latvia GDP provisional growth in Q2 reaches 11.3 pct

Aug 9, 2007 - Latvia's gross domestic product grew 11.3 pct in the second quarter of 2007 compared to the same period a year ago, Latvian central statistics provisional assessment data shows.

In the second quarter of 2006, Latvia's GDP grew by 11.1 pct from the same period of 2005, while the total economy expansion last year reached 11.9%.

In the first quarter of 2007 Latvia's GDP increased by 11.2%.

The office said that more detailed data on the GDP growth in the first half and second quarter of 2007 will be published in a press release on Sept 7.

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