86% of people in Latvia view the current national economic situation as bad, according to the latest DnB Nord Latvia Barometer survey. According to the survey, only 9 percent of respondents feel that the situation in Latvia is developing in the right direction, while 80 percent said it was going in the wrong direction.
The number of respondents that believe the economic situation is deteriorating also grew in December, to 78% from 59-68% between April and October and 73% in November. Respondents’ forecasts about the future, meanwhile, became increasingly pessimistic, with 57% predicting a further deterioration in the next year, 24% not expecting any significant change, and only 9% saying they thought there would be improvement. 42% of respondents think that their financial situation will only worsen over the next year, while 12% expected improvement.
By LatviaNews.Com
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People in Latvia are pessimistic