"Latvijas Banka has published its latest macroeconomic projections (prepared in June 2026). External shocks dampen the outlook for the economic growth, while keeping inflation elevated. Similar dynamics are also observed across Europe and globally," said LB.
Growth down
"External shocks are weighing on the economic growth outlook," it added in announcing that it is scaling back this year's Gross Domestic Product (GDP) growth forecast from 2.8% to 2.0%. Similarly, the forecast for ...