The Organization for Economic Cooperation and Development (OECD) in its latest forecast predicts that Latvia’s economic growth will be slowest among the Baltic states.
According to the latest OECD forecasts, Latvia’s gross domestic product (GDP) will rise 2.7 percent this year and next year compared to a 3.9 percent growth forecast for this year in the previous estimates released in fall.
Harmonized consumer price index is expected to grow 2.6 percent this year and 2.5 percent next year. Unemployment level in Latvia will be 7 percent this ye...
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