Latvia: manufacturing volume output up in 2019

Compared to 2018, manufacturing volume rose by 2%, based calendar adjusted data at constant prices in 2019. Mining and quarrying decreased by 5%, electricity and gas supply – by 4.4%, but industrial production output, which includes previously mentioned sectors grew by 0.8%. Compared to the previous year, growth in manufacturing was affected by output growth…

Latvia: gross domestic product up in Q4 2019

Compared to Q4 2018, the gross domestic product (GDP) value increased by 1.1% in Q4 2019, according to seasonally and calendar non-adjusted data. Main upward pressure on the GDP was exerted by the volume increase in services sectors (according to preliminary estimates – of 0.9%), including a rise of 1.7% in retail trade. Manufacturing shows…

Georgia: economy up in December 2019

Georgian gross domestic product (GDP) grew by 3.8% YoY in December 2019, showed the latest data from the National Statistics Office of Georgia (Geostat). In December 2019 the estimated real growth compared to the same period of the previous year occurred in the following sectors: manufacturing, transport and storage, wholesale and retail trade; repair of…