Latvia’s Economy Contracts 18.4% In Q3

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14:25 GMT

Nov 2009

Latvia’s Economy Contracts 18.4% In Q3

(RTTNews) - Latvia’s gross domestic product or GDP fell 18.4% year-on-year in the third quarter, the biggest decline in the European Union, a flash report from the statistical office showed Monday. In the second quarter, the economy contracted 18.7%.

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