In the fourth quarter, GDP grew 4.3% over the same period the year before, according to the flash estimate released on 30 January by the National Statistics Office. The outturn came in well below the revised 6.7% expansion recorded in the previous quarter (previously reported: +6.6% year-on-year) and undershot market expectations of a 6.0% increase. In the full year 2011, GDP expanded a robust 5.8% (2010: +1.4% yoy), which was a notch above the 5.6% projected by the Central Bank. According to the statistical office, the main drivers behind the strong growth in 2011 were the construction industry as well as the trade, transport and communication services sectors. More detailed data on Lithuania's GDP will be released on 28 February. The Central Bank expects GDP will grow 4.8% in 2012.
Economy slows in fourth quarter
January 30, 2012
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Lithuania Economic News
October 21, 2016
In September, Lithuania’s industrial production rose a noteworthy 8.0% from the same month last year, the highest reading in eight months.
October 10, 2016
Consumer prices in Lithuania rose 0.6% in September from the previous month, which contrasted the 0.5% drop in August.
September 21, 2016
In August, Lithuania’s industrial production rose 1.6% over the same month last year.
September 8, 2016
Consumer prices fell 0.5% over the previous month in August, which was slightly above July’s 0.7% drop.
August 30, 2016
GDP rose 1.9% in annual terms in Q2, according to detailed data released by the National Statistics Office on 30 August.