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Tuesday 19.12.2017 | Name days: Sarmis, Lelde
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Growing optimism about financial situation

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Baltic news, News from Latvia, BNN-NEWS.COM, BNN-NEWS.RUOptimism about the Latvian economy and their family financial situation is gradually increasing among the residents aged 35-44 years; moreover, a particularly more optimistic outlook is observed in Riga, Vidzeme and Kurzeme.

Over the month the index has climbed seven percentage points (from -72 to -65). While the second steepest index rise was recorded among the surveyed aged 18 – 24: from -59 to -56, according to DnB NORD Latvijas barometrs data.

While the highest negative outlook increase was seen in the age group 45 to 54 years – during the month the number of residents considering the current economic situation as poor climed six percentage points (from -66 to -72).

Regarding the regions, a larger wave of optimism was recorded in Kurzeme and Riga residents’ assessments – evaluating the current Latvian economic situation slightly more positively than a month ago. In both Kurzeme and Riga population’s assessment the index has improved by four percentage points, amounting to -61 (previously -65) and -57 (previously -61), respectively. While Riga district, Vidzeme, Zemgale and Latgale residents’ assessment of the current economic situation has deteriorated.

Although in the previous survey findings the assessment tended to improve among the respondent groups with higher education level, this time the observations are contrary. Residents with secondary education are the most satisfied with their family’s financial situation – within a month the particular index rose from -47 to -41. While the number of respondents with higher education has overall dropped by three percentage points (from -19 to -22).

On a regional basis, the optimism level in the family situation assessment has grown among residents of Riga and Vidzeme. While the largest wave of pessimism was recorded in Zemgale (by six percentage points over the month), in Latgale (by four percentage points) and in Riga district (by two percentage points).

 


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