foreign trade | Macroeconomics.lv
And imports 6.3%. The shrinking of exports was expected because of the weaker external demand. That resulted from the slow and uneven economic growth in the euro area countries as well as with a reduction in the Russian demand. Latvian external trade data present a pleasant surprise. Risks for an impact of the geopolitical situation on the exports of Latvian goods on the rise. Economist, Latvijas Banka. In June 2014, the export value of goods dropped by 3.8%. Economist, Latvijas Banka. The drop in the ec...
energy prices | Macroeconomics.lv
In July 2015, according to the Central Statistical Bureau data the annual inflation dropped to 0.0%. This drop was determined by the expected decrease in energy prices, contraction of food prices (related to global developments in the dairy products market, as well as the continuation of Russian trade sanctions), and a greater than usual drop in seasonally fluctuating prices. November inflation remained atypically low. Senior Economist of the Macroeconomic Analysis Division, Monetary Policy Department.