Latvia’s GDP increases by 5.9%

Compared to Q1 2021, gross domestic product (GDP) increased by 5.9 % in Q1 2022, according to seasonally and calendar non-adjusted data.
According to provisional estimations, the GDP was affected by a drop of 0.2 % in producing sectors and growth of 6.3 % in services sectors, according to the flash estimate of the Central Statistical Bureau.
Compared to Q4 2021, GDP increased by 2.1 %, according to seasonally and calendar adjusted data.
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