Meanwhile Latvia for 1st estimation posted "only" 3.4% growth, which is even less than growth in 2010Q4 (3.6%).
Chart updated on 10th of May with 2011Q1 1st estimations for LT, EE and LV:
Tuesday, 10 May 2011
GDP 2011 Q1 First Estimation LT, EE and LV
End of April Lithuania posted 1st estimation for 2011 Q1 GDP, showing significant growth by 6.9% over previous year Q1, and up from 2010Q4 (4.8%). Estonia posted 8.0% growth.
Meanwhile Latvia for 1st estimation posted "only" 3.4% growth, which is even less than growth in 2010Q4 (3.6%).
Chart updated on 10th of May with 2011Q1 1st estimations for LT, EE and LV:
Meanwhile Latvia for 1st estimation posted "only" 3.4% growth, which is even less than growth in 2010Q4 (3.6%).
Chart updated on 10th of May with 2011Q1 1st estimations for LT, EE and LV:
Tuesday, 12 April 2011
GDP Forecasts for Baltics
Recently Danske Bank has upgraded forecasts for Baltic countries - upside. Expected increase was explained by higher domestic demand, which started to grow following robust Export. Also, seems that unemployment is slowly reducing. However, inflation based on external factors (energy prices, indirect taxes) might create risks for domestic consumption.
Below is GDP trend with average estimations for Estonia, Latvia and Lithuania from Danske, Swedbank, Nordea and Eurostat (2011 and 2012):
Below is GDP trend with average estimations for Estonia, Latvia and Lithuania from Danske, Swedbank, Nordea and Eurostat (2011 and 2012):
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