Latvian economy up 3.4% in Q1

  • 2011-05-10
  • TBT Staff

RIGA -- Initial estimates from Latvia's national statistics bureau have found that the economy grew by 3.4 percent in the first quarter of the year.

Compared to the fourth quarter of 2010, GDP rose by 0.2 percent in the first quarter of 2011, the statistics agency said in a press release.

The bureau also found that inflation had again reached 4.5 percent in April.