FX.co ★ Latvia's GDP Slightly Improves in the First Quarter of 2024

Latvia's GDP showed a slight improvement in the first quarter of 2024, with the indicator reaching -0.2%, compared to -0.5% in the fourth quarter of 2023. The data was updated on April 29, 2024, reflecting a year-over-year comparison. This modest improvement indicates a small positive shift in the country's economic performance. While the change is still negative, the narrowing gap between the previous and current indicators suggests a potential upward trajectory for Latvia's economy in the coming months. Economists will be closely monitoring future data releases to assess the sustainability of this positive trend.