According to the Central Statistical Bureau's flash estimate, published on July 30, Latvia's seasonally and calendar non-adjusted gross domestic product increased by 2.1% in the second quarter of 2019 as compared to the second quarter of 2018.
In contrast, Latvia’s seasonally and calendar adjusted GDP increased by 3% over said period.
Compared to the previous quarter, Latvia’s seasonally and calendar adjusted GDP rose by 0.8%.
CSB reported that the “main upward pressure on the GDP was exerted by the volume increase in services, including rise of 2.5 % in retail trade.”
Expanded data on Latvia's GDP growth in the second quarter of 2019 will be released on August 30.
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