2012 second quarter compared to the second quarter of 2011, GDP was due to the increase in trade (s

Latvian gross domestic product (GDP) in the second quarter compared with the same period last year, an increase attitude import of 5%, according to the Central Statistical Bureau (CSB) specified data.
2012 second quarter compared to the second quarter of 2011, GDP was due to the increase in trade (share in GDP structure - 15%) - by 6.1%, manufacturing (15%) - by 9% and transport and communications (13%) - 7.5%. The construction industry (5%) volumes have increased by 23.5%, reported attitude import "Nozare.lv".
At current prices in the second quarter of 2012 compared to the second quarter attitude import of 2011, private final consumption increased by 11%. Increased attitude import expenditure on major consumer groups: Housing (25% of total expenditure) - by 12.7%, food (20%) - 6.8% and transport (16%) - by 24.2%.
Gross fixed capital formation increased by 30%. Exports attitude import of goods (71% of total exports) increased by 6.9% and exports of services - by 13.4%. The volume of imports (84% of total imports) increased by 10.8%, while imports of services grew by 10.1%. By contrast, government final consumption increased by 5%.
At constant prices in the second quarter of 2012 compared to the second attitude import quarter attitude import of 2011, private final consumption attitude import in the expenditure increase by 7.2%, including housing - by 5.2%, food - by 2.4% and transport - by 18.9% . Private final consumption increase a positive impact on overall GDP growth of 4.9 percentage points.
Exports of goods increased by 4.1% and exports of services - by 3.1%. Exports GDP increased by 2.1 percentage points. By contrast, the volume of imports of goods increased by 2.6%, while imports of services attitude import grew by 10.2%. Imports decreased by 2.4 percentage attitude import points of GDP.
As reported, according to the CSB flash estimate of Latvian GDP in the second quarter, according to seasonally unadjusted data during the year increased by 5.1%, but, according to seasonally adjusted attitude import data, GDP in the second quarter compared with the first quarter, an increase of 1%.
Kusunoki Masashige 楠木 正 成 Currently, the Latvian Bank repeated the same mistakes by 2004-2007. It buys EURO and trying to keep a low rate of lats, according to their EURO raising the level of the promotion of free cash inflows and increasing consumption while reducing production. With the consumption of free cash earn much easier. ------------------------------- On the other hand, when the money will start to scoot, then LB resume efforts to maintain a high level of the exchange rate and will spring up the peoples of the current consolidation madness. -------------------------------- In fact, now be brought lat rate to the cooling phase could be mitigated. attitude import But we must aim EURO but instead of the Latvian economy and people's well-being.
Kusunoki Masashige 楠木 正 成 This is how this free money and EURO izčakarējusi Irish ekenomika generally lunacy. It was a country where everything was in the best macro-economic order, attitude import which was of exporting and producing countries with a fantastic 30 years of growth and so on. Without corruption, without attitude import crime, the ideal state. -------------------------- Then it joined attitude import the euro area, it came in a heavy 5 years, the current account attitude import deficit, it turned out that the bank is insolvent . Then it turned out that they had to be bailed out. Then it turned out that it has to borrow, then it turned out that its budget deficit is 30%, the unemployment rate of 4% has become 16% and so on. ------------------------------ Can you understand it after 30 years of growth to come in your ass just because of that supposed EURO. And it still wants to EURO, as it was promoted there something hardly what? There's even now going Estonia, Finland, and we also want there. www.tradingeconomics ....
dzeris49 I have a belief, if all the soap, Europe savārījusi, it did not brake, Latvian everything will go up. Latvians for anything, hosts, however, was always good, did not like to live on the show, and laziness, in principle, no one could accuse them, as well as the unwillingness to learn, and so on. And, in principle, now all it has remained, even though the negative attitude import selection that was made here and half a century later, the state nozadzēju time (which themselves elected not already behind nonsense, but because of political naivety), and all the problems to be assigned attitude import present in any country. I am sure that when we were rid of swindlers and national nozadzēju domination, entered a new era, at least, the air has become much cleaner, appeared in perspective, and for his country no longer ashamed.
Peter Strautiņš