Macroeconomic Forecast Lithuania

Real GDP increased by 8.8% y-o-y in Q106, according to a second estimate from Statistics Lithuania, the same rate as in Q405. Disaggregated data are not yet available but it appears that fixed investment spending grew the most in Q1, up 24.5% y-o-y. Exports exhibited strong growth in real terms (20.1% y-o-y), but were outpaced by imports (21.8%). Consumption expenditure also remained vigorous. The pace of activity poses an upside risk to our annual growth forecast of 6.5%.

To read the full article, please choose one of the following options: