Bank of Lithuania expects the country's GDP growth to slow down to 2.7% in 2019

In 2019, the Bank of Lithuania expects the slowdown of the country's GDP growth to 2.7%. For the current year, the forecast for the recovery of the Lithuanian economy is kept at the level of 3.2%. According to the estimator of the regulator, the country's economic growth will remain rapid, and its slowdown in 2019 “is due to a small decline in export dynamics and a slowdown in the growth of domestic consumption.” The Central Bank expects that in 2018 Lithuania's exports will increase by 5.7%, in 2019 - by 4.6%. Private domestic consumption will grow by 3.8% this year, next year - by 3.5%. According to the forecast, the average annual inflation in 2018 will be 2.7%, in 2019 - 2.2%.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong