GDP growth in the first quarter 3.1%


In the 1st quarter of 2013, compared to the 1st quarter of 2012, gross domestic product (GDP) value (seasonally unadjusted data) has increased by 3.1%, according to flash estimate of the CSB. GDP was impacted by increases in retail trade – of 6%, in construction – of 9%, but rate of manufacturing production dropped by 5%.

According to seasonally adjusted data, GDP in the 1st quarter of this year rose by 1.2%, as compared to the 4th quarter of previous year

More precise and extended rate and value of the GDP in the first quarter of this year will be available in the press release of June 7.


More information
Quarterly National Accounts Section
Elita Kalniņa
Tel. 67366961