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Macro - Country Economic Forecasts - Lithuania

Publisher Oxford Economics
Published Dec 20, 2024
Length 7 Pages
SKU # OFE19463586

Description

Macro - Country Economic Forecasts - Lithuania



We forecast GDP growth for Lithuania will pick up to 3% next year, supported by a rebound in investment and expansions in the ICT sector. We think consumer spending growth will remain robust at 3% y/y despite heightened inflationary pressures. While GDP growth outperformed our expectations in Q3 2024 at 2.5%, heightened inflation in Q4 and an upwards revision in 2023 real GDP has led us to downgrade our 2024 GDP growth forecast by 0.3ppts to 2.3%.

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7 Pages
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