Lithuania: Growth ticks up in Q1
April 30, 2019
Growth inched up to 3.9% in annual terms in the first quarter of the year (Q4 2018: +3.8% year-on-year), according to preliminary data released by the Statistical Institute on 30 April. The result marked the strongest expansion since Q2 2017 and was driven by solid growth in the manufacturing, construction and retail trade sectors.
On a quarter-on-quarter basis, growth moderated to 1.0% in seasonally-adjusted terms in Q1 2019 (Q4 2018: +1.4%).
Author: Almanas Stanapedis, Economist