Positive Growth Just Around The Corner

October 2010
Emerging Europe Monitor: Central Europe & Baltic States;
The article presents an economic outlook for Latvia in 2010 by Business Monitor International Ltd. (BMI). It notes that the country's economy contracted by 3.0 percent year-on-year (y-o-y) in the second quarter, however its economic activity expanded by 0.1 percent quarter-on-quarter (q-o-q). It forecasts real economic growth to average 2.3 percent over the course of 2011-2014 compared to the 9.7 percent from 2003-2007.


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