Latvia's GDP up 0.7 pct in first half of 2025


RIGA, Aug. 29 (Xinhua) -- Latvia's gross domestic product (GDP) increased 0.7 percent in the first half of 2025 compared with the same period last year, the Central Statistical Bureau reported Friday. These figures are based on seasonally and calendar non-adjusted data.

On a quarterly basis, seasonally and calendar adjusted data show that GDP rose 0.4 percent in the second quarter of 2025. Growth was driven not only by the manufacturing sector, but also by construction, trade, and information and communication services. The sectors recording declines included electricity, gas supply, heating and air-conditioning, as well as transport and storage.

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