Economy in Lithuania

  • Europe in 2016: Terror fears, migration, politics. But economy may turn a corner

    ALBANIA, 2016/01/02
  • Global growth will be disappointing in 2016: IMF's Lagarde

    AFGHANISTAN, 2016/01/02 World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide. Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
  • Revised IMF forecasts signal gloom on global economic outlook

    AFGHANISTAN, 2015/01/20 Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday. In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.
  • Lithuania's Q2 GDP Growth Revised Up

    LITHUANIA, 2013/08/30 The Lithuanian economy expanded faster than initially estimated in the second quarter of 2013, the new data released by the Department of Statistics showed Thursday. The gross domestic product (GDP) advanced a seasonally and working-day adjusted 4.2 % annually in the second quarter, up from 4.1 % increase estimated before. The revised increase rate was the same as that in the initial quarter.
  • IMF 2013 Article IV Consultation

    LITHUANIA, 2013/02/11 Lithuania’s economy continues to recover, substantial economic rebalancing has taken place, and vulnerabilities have been reduced significantly. But, the rebuilding of fiscal buffers in ongoing, credit increase is still weak, and unemployment—while falling—remains high.
  • Lithuania Inflation Falls To 5-month Low

    LITHUANIA, 2012/12/10 Lithuania consumer price inflation eased in November to its lowest level in five months, data released by the statistical office showed on Monday. Consumer prices rose 2.8 % year-on-year in November, after increasing 3.1 % in October. The new figure equaled July's figure and was the lowest since June, when it was 2.5 %.
  • Lithuania Producer Price Inflation Slows For Third Month

    LITHUANIA, 2012/12/10 Lithuanian producer price inflation eased for the third consecutive month in November, data released by Statistics Lithuania showed on Friday. The producer price index rose 2.3 % year-on-year in November, following a 3.8 % increase in the previous month. The new figure was the lowest since June, when inflation was 2 %.
  • Lithuania Producer Price Inflation Slows For Third Month

    LITHUANIA, 2012/12/10 Lithuanian producer price inflation eased for the third consecutive month in November, data released by Statistics Lithuania showed on Friday. The producer price index rose 2.3 % year-on-year in November, following a 3.8 % increase in the previous month. The new figure was the lowest since June, when inflation was 2 %.