Latvia’s economy may have expanded about 5 percent in the third quarter from a year earlier, led by industrial production, retail sales and transport growth, Finance Minister Andris Vilks said on his Twitter account.
Industrial production grew 8.1 percent in August from a year earlier, the country’s Central Statistics Office said today. Gross domestic product expanded 5 percent in the second quarter from the same period of 2011, the quickest pace in the European Union.
To contact the reporter on this story: Aaron Eglitis in Riga at firstname.lastname@example.org
To contact the editor responsible for this story: Balazs Penz at email@example.com