Trade Balance in Lithuania
Lithuania - Trade BalanceGrowth appears to have recovered somewhat at the end of 2018, on the heels of a disappointing third-quarter outturn due to a lower crop yield and weak external demand. However, despite gaining steam, it was likely still below the average for the year, amid a broader slowdown in the Eurozone. Robust consumption dynamics seem to have continued spearheading the overall expansion in Q4. Easing inflationary pressures and tight labor market conditions likely bolstered households’ disposable income, as reflected by surging retail sales. At an industry level, a sustained deterioration in the mining sector continued to drag on factory output growth in Q4; however, this was more than offset by healthy expansions in the manufacturing and electricity sectors. In the political arena, Prime Minister Saulius Skvernelis announced on 19 January that he would run for president in May. He joins Gitanas Nauseda, a former chief economist of SEB, and Ingrida Simonyte, a former finance minister, as one of the main frontrunners.
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||1.15||0.0 %||Feb 14|
|Stock Market||611||0.45 %||Feb 14|
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February 15, 2019
Consumer prices increased 0.2% from the previous month in January, compared to a 0.6% month-on-month drop in December.
January 30, 2019
According to preliminary data released by the Statistical Institute on 30 January, the economy expanded 3.9% in annual terms in the fourth quarter last year, up from the third quarter’s 2.6% year-on-year increase (previously reported: +2.4% year-on-year).
January 23, 2019
Industrial output rose 1.0% year-on-year in December, down from 3.4% in November and marking the lowest reading in the fourth quarter.
January 11, 2019
Consumer prices dipped 0.6% from the previous month in December, compared to a 0.1% month-on-month drop in November.
December 21, 2018
Industrial output rose 2.9% year-on-year in November, down from October’s impressive 11.9% jump.