Latvia

Industrial output, on a seasonally adjusted basis, was unchanged in September compared to the same month a year earlier. Manufacturing production contracted by 1.5% but the impact... 2007-11-26

Policy efforts to contain demand pressures should combine with emerging cyclical constraints to drive real GDP growth progressively lower in 2008-2009, though a 'soft landing' is... 2007-11-26

The government is deeply unpopular, but with 42 of the 100 seats in the Saeima the three opposition parties lack the parliamentary muscle to bring it down. Neither do they form a... 2007-10-31

Lacking in support in parliament and with elections a year away, there is an escalating risk that the government will do too little, too late to mitigate overheating pressures.

Prime Minister Aigars Kalvitis (People's Party, TP) suspended the head of the anti-corruption bureau (known by the acronym KNAB) in September on grounds of alleged financial violations.... 2007-10-03

Latvia's economy is seriously unbalanced and the authorities need urgently to up the anti-inflation effort in order to avoid a boom-bust scenario and reduce the risk of financial... 2007-10-03

Industrial output increased by 1.8% y-o-y on a seasonally adjusted basis in July and averaged an unadjusted 1.2% in the first seven months of the year. In aggregate, manufacturing... 2007-10-03

The annual rate of consumer price inflation rose to 9.5% y-o-y in July. With the exception of communications, price growth was strong across the board, particularly with regards to... 2007-09-05

Latvia is once again in the grips of a financial scandal. Parliamentary speaker and former prime minister Indulis Emsis is in the spot light after reporting to police the theft of... 2007-09-05

The government has agreed to reduce the real estate tax rate from 1.5% to 1.0% of a property's cadastral value starting in 2008. At the same time, cadastral values will be increased... 2007-07-04