While a breakdown of the Q314 GDP figure is not available at the time of writing, we believe domestic
demand has also suffered due to the significance of the external sector for Lithuania's small, open economy.
Lending support to our view has been a series of high-fre ..."
BMI Industry View
Lithuania has finally escaped the most severe economic crisis over the past decade. The post-downturn
period will be marked by modest economic expansion, with forecast real GDP growth of 3.4% in 2013 and
3.6% in 2014. Recovering consumer optimi ..."
Lithuanian consumers are still reeling from the housing bubble that burst more than three years ago and
the sharp increase in structural unemployment. As a result, we expect private consumption growth to
remain modest in 2013. Still, we see opportunities within the food retaili ..."