Trade Balance in Lithuania
Lithuania - Trade BalanceGitanas Nauseda, a former chief economist at SEB, was elected Lithuania’s president on 26 May with 66% of the votes. Nauseda’s broader appeal among the electorate allowed him to capture nearly all of the other candidates’ votes in the second-round runoff where he beat former Finance Minister Ingrida Simonyte. Despite his lack of experience in the political arena, Nauseda’s win has been well received by market analysts, owing to his proven economic credentials and center-right policy program: The new president has pledged to support progressive taxes and boost Lithuania’s trade ties while maintaining a pro-Western course. Against this backdrop, preliminary data suggests growth has remained upbeat so far in 2019: The economy expanded at a near two-year high in Q1 amid a strong outturn in the manufacturing, construction and retail trade sectors.
Lithuania - Trade Balance Data
|Trade Balance (USD billion)||-2.2||-2.0||-2.8||-2.3||-2.7|
5 years of economic forecasts for more than 30 economic indicators.
Lithuania Trade Balance Chart
Source: Statistics Lithuania and Met the why particular calculations.
|Bond Yield||0.75||0.0 %||Jun 14|
|Stock Market||670||0.45 %||Jun 14|
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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.
May 11, 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.