TITLE

GDP To Contract By 1.2%

PUB. DATE
February 2010
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Feb2010, Vol. 17 Issue 2, p11
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article forecasts the economic condition in Lithuania for 2010. The private household consumption will undoubtedly remain weak through 2010 and into 2011, given the degree of leverage built into the economy. The prospects for a consumer-led recovery are not yet in the offing since households and firms are likely to continue shoring up their balance sheets through the medium term. It is forecasted that the growth of the gross domestic product (GDP) will be down to -1.2% in 2010.
ACCESSION #
47781865

 

Related Articles

  • Growth Slows In Q108.  // Emerging Europe Monitor: Central Europe & Baltic States;Jul2008, Vol. 15 Issue 7, p12 

    The article provides an outlook for the Lithuanian economy through 2009. According to analysts, the economy of Lithuania has started to slow in response to tighter financial conditions, rising consumer prices and declining confidence. The country's real gross domestic product (GDP) reportedly...

  • Plus 4.0% Growth In 2010.  // Latin America Monitor: Mexico Monitor;May2010, Vol. 27 Issue 5, p1 

    The article offers an outlook for the economy of Mexico as of 2010. The real gross domestic product (GDP) of the country is predicted to surge to 4.4%. The inventory re-stocking process in Mexico and the U.S. is believed to be playing a significant role in economic recovery. Private consumption...

  • Weak Recovery In Demand.  // Emerging Europe Monitor: South East Europe Monitor;May2010, Vol. 17 Issue 5, p7 

    The article presents the economic outlook for Slovenia in 2010. It states that the country will experience a very weak recovery in domestic demand but private consumption and gross fixed financials are expected to expand by one percent and two percent respectively. It notes that the real gross...

  • Domestic Demand Ripe For Stronger Growth.  // Emerging Europe Monitor: Russia & CIS;Jul2011, Vol. 15 Issue 7, p8 

    The article discusses the forecast for Armenia's economic growth in 2011. It notes that the country's real gross domestic product (GDP) will increase as driven by the recovery in household spending and fixed investments. The economic recovery as a whole, will be triggered by the growth in some...

  • Recession Unavoidable.  // Latin America Monitor: Brazil Monitor;May2009, Vol. 26 Issue 5, p1 

    The article offers an economic outlook for Brazil in 2009. It believes that the consumption levels of the nation will keep falling in the early stages of the year and adds that a full-year recession will be unavoidable. It suggests that a prospective recovery during the final quarter of the year...

  • Poland: Early Recovery In Sight.  // Emerging Markets Monitor;9/7/2009, Vol. 15 Issue 22, p15 

    The article focuses on the implications of the increased gross domestic product (GDP) growth of Poland for the second quarter of 2009. The increase reportedly signals a positive economic outlook for Poland and an onset of an early economic recovery. Total consumption in the country has increased...

  • Indonesia: Powering Ahead In 2010.  // Emerging Markets Monitor;11/16/2009, Vol. 15 Issue 31, p11 

    The article offers an economic outlook for Indonesia for 2009-2010. It expects the economy to be driven by domestic demand in 2010. Real gross domestic product (GDP) forecasts have been revised due to stronger-than-expected private consumption numbers. Consumer spending is projected to remain...

  • Macroeconomic Outlook.  // Australia Infrastructure Report;Q3 2009, p54 

    The article offers projections on the economic conditions in Australia for 2009 to 2010. The country is projected to experience a -1.5% real gross domestic product (GDP) growth in 2009. It considers the decline in private consumption growth as one of the main factors that drive the Australian...

  • Industry Forecast Scenario.  // Russia Defence & Security Report;Q1 2010, p66 

    The article presents forecasts on the defence and economic sectors of Russia for the first quarter of 2010. It expects a decline in number of personnel at all three levels of the Russian military, namely, the navy, the air force and the army. It discusses the growth in export levels in the...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics