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Macro - Country Economic Forecasts - Lithuania

Publisher Oxford Economics
Published Mar 24, 2022
Length 6 Pages
SKU # OFE17050689

Description

Macro - Country Economic Forecasts - Lithuania

We have cut our 2022 GDP growth forecast to 1.9% from 3.0% in December due to the fallout from the war in Ukraine. The impact will be felt mainly via high commodity prices, slowdowns in trading partners and the effect of sanctions on Russia and Belarus, both of which share a border with Lithuania. The outlook is highly uncertain, with the potential for energy prices to remain higher for longer and tighter sanctions further dragging on growth across Europe.

Table of Contents

6 Pages
Lithuania: Economy knocked back by fallout from Ukraine war
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Long-term growth drivers
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

Pricing

Currency Rates
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