Latvian Economy May Expand 3.6% This Year, Central Bank Says

Latvia’s economy may expand 3.6 percent in 2013 and consumer prices may grow 2 percent, central bank Governor Ilmars Rimsevics said.

Under a negative scenario, the economy would grow 3 percent to 3.1 percent, while a positive scenario may result in expansion of more than 4 percent, he told reporters today in the capital, Riga.

To contact the reporter on this story: Aaron Eglitis in Riga at aeglitis@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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