Trade Balance in Lithuania
Lithuania - Trade Balance (Euros)Annual growth reached an almost two-year high in Q1 amid a broad-based acceleration. Domestic demand was healthy: Fixed investment growth more than doubled in Q1, while growing wages, lower taxes and higher social transfers underpinned buoyant household consumption. On the external front, exports remained resilient to global trade woes in Q1. This was largely thanks to greater merchandise shipments, buttressed by a surge in business investment which boosted production capacity in 2018. Turning to Q2, momentum seems to have largely carried over from Q1. Economic sentiment rose in April-May on improving confidence in the consumer, industrial and commercials sectors, while industrial production and merchandise exports soared in April.
Lithuania - Trade Balance (EUR) Data
|Trade Balance (EUR billion)||-0.9||-0.9||-2.0||-1.8||-2.0|
5 years of economic forecasts for more than 30 economic indicators.
Lithuania Trade Balance (EUR) Chart
Source: Statistics Lithuania and FocusEconomics calculations.
|Bond Yield||0.55||0.0 %||Jul 11|
|Stock Market||688||0.45 %||Jul 11|
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July 9, 2019
Consumer prices fell 0.2% in June, contrasting May’s 0.2 increase and marking the first contraction since December 2018.
June 24, 2019
Industrial output ticked up 1.1% in May, decelerating sharply from April’s robust 16.5% year-on-year surge.
June 11, 2019
Consumer prices rose 0.2% from the previous month in May, decelerating from April’s 0.8% increase.
May 31, 2019
Growth gained some traction at the beginning of the year, according to detailed national accounts data released by Lithuania’s Statistical Institute on 31 May.
May 23, 2019
Industrial output soared 16.5% in annual terms in April, picking up markedly from a 2.6% year-on-year increase in March and marking the highest reading in nearly six years.