10 september 2006

Bloomberg.com: Latvia's Economy Probably Grew at 11.5% Rate as Spending Rose

Sept. 8 (Bloomberg) -- Latvia's economy probably recorded its fifth consecutive quarter of double-digit growth between April and June as consumer spending rose, a survey of economists shows.
Gross domestic product may have risen an annual 11.5 percent, the second-fastest pace in the 25-nation European Union behind Estonia, after 13.1 percent growth the previous quarter, according to the median estimate of six economists surveyed by Bloomberg. The statistics office will release the data at 1 p.m. in Riga.
Bloomberg.com: Europe