Growth Eases In HI

November 2005
Emerging Europe Monitor: Central Europe & Baltic States;Nov2005, Vol. 12 Issue 11, p12
Country Report
Country Report
The article presents an overview of the economic conditions in Lithuania. Real output growth slowed marginally in H105 to 6.4%, compared to 7.7% in the corresponding period of 2004, as private sector demand moved down a gear. Having slowed for five consecutive quarters, household consumption spending re-accelerated in Q2 to 10% year-on-year, aided by rising real wages and rapid household credit growth. Household spending should remain relatively robust despite a decline in consumer confidence through the summer months, mainly due to concerns about inflation.


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