FOREX TradingCharts.com

Financial News: Latvian Economy Shrinks 0.5%

Latvian Economy Shrinks 0.5%

01/29/2024 - 07:58:00 (RTTNews)

(RTTNews) - Latvia's economy contracted for the third straight quarter in the three months ending December, preliminary data from the statistical office showed on Monday.

Gross domestic product fell a non-adjusted 0.5 percent year-on-year in the fourth quarter, following a 0.7 percent decrease in the third quarter. Thus, the country remained in recession for the second successive quarter.

On a seasonally and calendar-adjusted basis, GDP also fell 0.2 percent in the December quarter after remaining flat in the previous quarter.

On a quarterly basis, the seasonally and calendar-adjusted GDP advanced 0.4 percent in the fourth quarter after rising 0.2 percent in the September quarter.

During the whole year 2023, overall GDP declined by 0.6 percent compared to 2022.

Detailed data for the final-quarter figure is set to be released on February 29.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Japan Manufacturing PMI Falls To 47.2 In February - Jibun (04 hr(s), 01 min(s), 16 sec(s) ago)
(RTTNews) - The manufacturing sector in Japan continued to contract, and at a faster pace, the lat ...Full Story»

Australia Manufacturing Sector Slips Into Contraction - Judo Bank (06 hr(s), 35 min(s), 16 sec(s) ago)
(RTTNews) - The manufacturing sector in New Zealand fell into contraction in February, the latest ...Full Story»

New Zealand Has NZ$976 Million Trade Shortfall (06 hr(s), 42 min(s), 16 sec(s) ago)
(RTTNews) - New Zealand posted a merchandise trade deficit of NZ$976 million in January, Statistic ...Full Story»

South Korea Rate Decision On Tap For Thursday (07 hr(s), 07 min(s), 16 sec(s) ago)
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announ ...Full Story»

Fed Officials Wary Of Cutting Rates 'Too Quickly,' Minutes Reveal (09 hr(s), 14 min(s), 16 sec(s) ago)
(RTTNews) - With risks to the outlook for inflation still seen as tilted slightly to the upside, t ...Full Story»

U.K. Pay Awards Fall As Economy Slips Into Recession (12 hr(s), 27 min(s), 16 sec(s) ago)
(RTTNews) - U.K. employers lowered the pay awards in settlements at the start of the year as the e ...Full Story»

Eurozone Consumer Confidence Improves More Than Expected (12 hr(s), 57 min(s), 16 sec(s) ago)
(RTTNews) - Euro area consumer confidence improved more than expected in February after deteriorat ...Full Story»

EU Exports To Russia Down To More Than A Third Since Ukraine War (13 hr(s), 37 min(s), 16 sec(s) ago)
(RTTNews) - EU exports to Russia have shrunk to 37 percent of their level since the war in Ukraine ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Japan Manufacturing PMI Falls To 47.2 In February - Jibun

02/21/2024 - 19:39 PM (RTTNews)
(RTTNews) - The manufacturing sector in Japan continued to contract, and at a faster pace, the lat ...Full Story>>

Australia Manufacturing Sector Slips Into Contraction - Judo Bank

02/21/2024 - 17:05 PM (RTTNews)
(RTTNews) - The manufacturing sector in New Zealand fell into contraction in February, the latest ...Full Story>>

New Zealand Has NZ$976 Million Trade Shortfall

02/21/2024 - 16:58 PM (RTTNews)
(RTTNews) - New Zealand posted a merchandise trade deficit of NZ$976 million in January, Statistic ...Full Story>>

South Korea Rate Decision On Tap For Thursday

02/21/2024 - 16:33 PM (RTTNews)
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announ ...Full Story>>

Fed Officials Wary Of Cutting Rates 'Too Quickly,' Minutes Reveal

02/21/2024 - 14:26 PM (RTTNews)
(RTTNews) - With risks to the outlook for inflation still seen as tilted slightly to the upside, t ...Full Story>>

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.