Surging Growth Fuels Hard Landing Fears

October 2007
Emerging Europe Monitor: Central Europe & Baltic States;Oct2007, Vol. 14 Issue 10, p11
Country Report
Country Report
The article presents an economic outlook for Latvia in 2007. The country's economic growth is expected to remain fast but will remain unbalanced and reliant on foreign investment. Efforts of the government to address domestic demand will affect economic growth until 2008. Real gross domestic product (GDP) is estimated to increase by 9.5 percent during the year. Industrial production is forecasted to increase by 1.3 percent year-on-year.


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