Consumption in Lithuania
Lithuania - Consumption
Growth ticks up in Q1
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%).
FocusEconomics analysts see growth at 3.0% in 2019, which is up 0.1 percentage points from last month’s forecast. For 2020, our panel sees growth at 2.5%. Meanwhile, Lithuania’s Central Bank expects growth of 2.7% this year and 2.6% in 2020.
Lithuania - Consumption Data
|Consumption (annual variation in %)||4.3||4.0||4.0||4.9||3.8|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||1.00||0.0 %||May 13|
|Stock Market||688||0.45 %||May 13|
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May 10, 2019
Consumer prices rose 0.8% from the previous month in April, broadly unchanged from a March’s 0.9% increase.
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.
April 23, 2019
Industrial output rose 2.6% year-on-year in March, down from the 6.0% rise in February.
April 9, 2019
Consumer prices increased 0.9% from the previous month in March, up from the 0.1% month-on-month increase in February.
March 22, 2019
Industrial output rose 3.8% year-on-year in February, down from the 5.3% rise in January.