Provisional estimate shows Latvia’s GDP down by 0.6%

In Q3 2022, compared to Q3 2021, gross domestic product (GDP) decreased by 0.6 % according to seasonally and calendar non-adjusted data.
Provisional estimates show that GDP was affected by a drop of 3.9 % in producing sectors and growth of 1.7 % in services sectors, according to the flash estimate of the Central Statistical Bureau.
Compared to Q2 2022, GDP fell by 1.7 %, according to seasonally and calendar adjusted data.