Flash comment: Lithuania - November 29, 2019
Still waiting for Godot i.e. Slowdown
  • Annual growth revised up to 3.7%
  • Household consumption growth is slowing moderately
  • Agriculture bounced back as expected and grew by 11%

Both annual and quarterly growth was revised upwards by 0.1pp. Domestic demand remained robust, however household consumption is slowing down for a full year now. Export grew impressively but was still overtaken by import growth which is unexpected given the weaker growth of household consumption. It could indicate a stronger investments and consumption in the quarters ahead.

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