The Latvian economy grew a seasonally adjusted 5.5% y/y in the fourth quarter, a flash reading from the Central Statistical Bureau (CSB) showed on January 30.
The result shows the Latvian economy maintained its adjusted annual growth rate seen in the third quarter.
Adjusted growth in October-December came on the back of a 24% y/y expansion in construction, the CSB said. Industrial production also contributed with a growth of 2% y/y while services expanded 4% on the year.
Unadjusted growth came in at 5% y/y in the fourth quarter, adding 0.2pp to unadjusted y/y expansion recorded in the preceding quarter.
In quarterly terms, the economy expanded a seasonally and working day adjusted 1.1%, compared to a growth of 1.8% q/q in the third quarter.
Detailed data on GDP growth in the fourth quarter are due on February 28.
Slovakia´s unemployment rate reached 5.26% in January 2019, up by 0.22 percentage points (pp) month-on-month from 5.04% in December 2018 and down by 0.62pp year-on-year, according to data by the Labour, Social Affairs and the Family Centre published
Belarus' industrial output growth crashed to 0.9% year-on-year in January this year, down from 5.7% in December and 9.7% y/y growth in January of 2018, according to the national statistics agency Belstat.
The moderate PPI level corresponds to stubbornly weak inflation, which eased to just 0.9% y/y in January.
The Kremlin has been stock piling the yellow metal in anticipation of more US sanctions.
Mongolian consumer price inflation was recorded at 7.3% y/y in January, according to latest national statistics office data. In monthly terms, inflation grew slightly by 0.6% in the first month.