Latvia GDP Growth Rate QoQ
Increasing consumption and credit in Latvia have been the primary drivers of the country's GDP growth in recent years. The most important sectors in the country include synthetic fibers, agricultural machinery, fertilizers, radios, electronics, medicines, processed foods, textiles, and timber. Among the expenditure components of GDP, household consumption dominates, accounting for 61% of total usage. Gross fixed capital formation (23%) and government expenditure (18%) are the next most important components. Exports of goods and services account for 59% of total GDP, while imports account for 62%, resulting in a 3% reduction in total GDP as a result of the trade imbalance. Latvia became a member of the Eurozone in 2014.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Komunikācijas apskats (EUR)
| Simbols | Kopienas Trend (Shorts vs Longs) | Simbolu popularitāte | Vid. pārdošanas cena / Distance no cenas | Vid. pirkšanas cena / Distance no cenas | Pašreizējā cena | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.0359 +30 pips |
1.0663 -334 pips |
1.03287 | |
| EURAUD |
|
|
1.6342 -125 pips |
1.6574 -107 pips |
1.64670 | |
| EURJPY |
|
|
152.3880 -386 pips |
160.6773 -443 pips |
156.248 | |
| EURCAD |
|
|
1.4682 -62 pips |
1.4864 -120 pips |
1.47438 | |
| EURCHF |
|
|
0.9392 -2 pips |
0.9620 -226 pips |
0.93937 | |
| EURCZK |
|
|
0 -251236 pips |
25.1182 +54 pips |
25.12364 | |
| EURGBP |
|
|
0.8329 +5 pips |
0.8381 -57 pips |
0.83239 | |
| EURHUF |
|
|
399.2949 -592 pips |
405.8193 -60 pips |
405.22 | |
| EURNOK |
|
|
11.2700 -3411 pips |
11.6888 -777 pips |
11.6111 | |
| EURNZD |
|
|
1.8023 -227 pips |
1.8347 -97 pips |
1.82501 |
News (EUR)
German Construction Sector Continues To Shrink
Germany's construction sector remained firmly in contraction but the pace of fall softened in January, survey data from S&P Global revealed Thursday. The HCOB construction Purchasing Managers' Index rose to 42.5 in January from 37.8 in December. Although the score was firmly below the neutral 50.0 that separates growth from contraction, the reading was the highest since May 2023.
RTTNews | 3 days ago
German Factory Orders Rebound In December
Germany's factory orders rebounded at a much stronger than expected pace in December largely driven by the manufacture of transport equipment. New orders increased 6.9 percent month-on-month in December, reversing a revised 5.2 percent fall in November, Destatis reported Thursday. Orders were forecast to grow only 1.9 percent.
RTTNews | 3 days ago
Eurozone Private Sector Expands For First Time In Five Months
Eurozone private sector expanded for the first time in five months in January as factory production showed a slower decline amid a softer growth in services activity, final survey results from S&P Global showed on Wednesday. The HCOB composite output index rose to 50.2 in January, in line with flash estimate, from 49.6 in December.
RTTNews | 4 days ago
