Exports in Lithuania
Lithuania - Exports
GDP expanded at a more sluggish pace in annual terms in Q1, according to preliminary figures. Available data for the quarter hints at subdued consumer spending: The unemployment rate remained elevated in January–February, while harmonized inflation reached a new record high in March. Furthermore, consumer sentiment tumbled to its lowest level since the outbreak of the Covid-19 pandemic. Turning to the second quarter, household spending has likely remained muted, as suggested by continued pessimism among consumers. Meanwhile, Lithuania—along with its Baltic partners—have shut off Russian gas imports as retaliation to the invasion of Ukraine. Recently, the EU announced funding for businesses hit by the Chinese embargo, while on 22 April the European Commission unveiled EUR 6.4 billion in key investments in order to support the EU Green Deal.Lithuania - Exports Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Exports (USD billion) | 21.9 | 21.6 | 26.0 | 28.7 | 29.6 |
Lithuania Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.43 | 0.0 % | Dec 30 |
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Economic News
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Lithuania: Economic growth moderates at the outset of the year
April 29, 2022
GDP rose 4.4% year-on-year in the first quarter of 2021, according to preliminary data.
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Lithuania: Industrial output growth gains steam in March
April 22, 2022
Industrial output increased 25.8% in year-on-year terms in March, which was above February's 19.9% increase.
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Lithuania: Inflation comes in at highest level since October 1996 in March
April 8, 2022
Consumer prices increased 2.35% over the previous month in March, accelerating from the 1.80% rise logged in February.
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Lithuania: Industrial output slows slightly in February
March 23, 2022
Industrial output increased 21.0% compared to the same month a year earlier in February, following January´s 24.2% increase.
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Lithuania: Inflation comes in at highest level since November 1996 in February
March 8, 2022
Consumer prices increased 1.80% in February over the previous month, slowing down from January's 2.17% rise.
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