RIGA, Jan. 26 (Xinhua) -- Sweden's largest corporate bank SEB has revised Latvia's GDP growth forecast for this year to 3.9 percent from 4.3 percent but expects the Baltic economy to show a sizable rebound in the second quarter of 2021, according to the latest Nordic Outlook published by SEB on Tuesday.
Latvia's economic growth forecast for 2022, however, has been upgraded to 4.6 percent from 3.5 percent as consumption and investment are likely to strengthen next year, according to the SEB report.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!