Press Release

Flash estimate shows that GDP rose by 4.8 % in the 3rd quarter

Flash estimate of the Central Statistical Bureau shows that, compared to the 3rd quarter of 2017, in the 3rd quarter of 2018 the gross domestic product (GDP) value increased by 4.8 % (according to seasonally and calendar non-adjusted data).

Compared to the 2nd quarter of 2018, GDP rose by 1.8 % (seasonally and calendar adjusted data).

The upward pressure on the GDP value was exerted by the output increase in construction (of 10 %), retail trade (2 %) and industry (1 %).

Press release on the precise value of and changes in the GDP in the 3rd quarter of 2018 will be published on 30 November.

 

Media requests:
Information and Communication Section
E-mail:
media@csb.gov.lv
Phone: +371 67366989, +371 27880666

More information on data:
Gita Ķiņķevska

Quarterly National Accounts Section
E-mail: Gita.Kinkevska@csb.gov.lv
Phone: +371 67366791

 

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