Regaining Momentum

July 2007
Emerging Europe Monitor: Central Europe & Baltic States;Jul2007, Vol. 14 Issue 7, p12
Country Report
Country Report
The article presents an economic outlook for Lithuania for the first quarter of 2007. According to revised figures from Statistics Lithuania, real gross domestic product growth accelerated to 8.3 percent year-on-year. It is stated that economic activity in the quarter was driven by domestic demand. Dominated by manufacturing and more responsive to external demand, the industrial sector expanded by just 1.2 percent, partly because of problems at the country's large oil refinery.


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