Real GDP To Contract 15.9%

October 2009
Emerging Europe Monitor: Central Europe & Baltic States;Oct2009, Vol. 16 Issue 10, p12
Country Report
The article reports on the economic forecasts of Lithuania for 2009. It says that the country's economy has collapsed in the second quarter of 2009. The country's real gross domestic product (GDP) contracting has dropped to 22.4% year-on-year. It further states that the country's industrial production has dropped to 16.9% year-on-year.


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