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Latvian Economy Shrinks 0.5%

Por: RTTNews Business January 29, 2024

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Latvia's  contracted for the third straight quarter in the three months ending December, preliminary data from the statistical office showed on Monday.Gross domestic product fell a non-adjusted 0.5 percent year-on-year in the fourth quarter, following a 0.7 percent decrease in the third quarter. Thus, the country remained in recession for the second successive quarter.On a seasonally and calendar-adjusted basis, GDP also fell 0.2 percent... + full article



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