On Friday, Statistics Lithuania released updated data on alcohol consumption in Lithuania which in 2015 was 14 litres of pure alcohol per person. The figure has been calculated using updated methodology and shows lower alcohol […]
Over the first quarter of this year, labour costs grew by 6.1% compared to the same period last year. Statistics Lithuania reported that labour costs for business companies grew by 7% during the same period. […]
The black economy in Lithuania is estimated to be worth more than €9 billion, or more than one billion euros more than the country‘s budget this year, which includes EU funding and other international supports. […]
The state-run Lithuanian Railways saw its freight traffic increase by 2.7% in the first four months of the year, handling a total of 15.254 million tons of freight according to new data from Statistics Lithuania. […]
Lithuania must develop a programme to encourage expatriates to return home, Parliament Speaker Loreta Graužinienė believes. […]
An allegedly leaked copy of a sexual education project being prepared by the Lithuanian Ministry of Education and Science has revealed a program which seems to rely primarily on abstinence. […]
Lithuanian foreign trade figures have improved early this year due to growing exports and falling imports. In the first quarter of 2016, Lithuanian exports of products and raw materials amounted to €5.2 billion, while imports […]
Prices of services in Lithuania rose 4.7% over the last year, according to a report by the country’s statistics agency. […]
Prime Minister Algirdas Butkevičius will be holding a meeting on Monday to discuss food pricing changes in stores in Lithuania. He said that Statistics Lithuania had not observed any large monthly price changes, but he […]
A social media campaign in Lithuania is calling for a three-day boycott of the country’s supermarkets on May 10-12. A year and a half since Lithuania adopted the euro, consumers are outraged by unjustifiable price hikes. […]
Lithuanian business sentiment improved in March as the confidence indicator rose to -1 from -5 in February, according to the Lithuanian Statistics Department‘s business trends and expectations survey data for March. […]
Lithuania’s residential property prices fell 2.1% in the fourth quarter of 2015, according to data from Statistics Lithuania. […]
Emigration from Lithuania last year grew over 20% against 2014, according to the country’s statistics office. Meanwhile the number of arrivals dropped by a tenth. […]
Wage growth and domestic consumption is putting inflationary pressure on prices in Lithuania, economists say. Annual inflation, which stood at 0.9% in February, could reach 2% by the end of the year. […]
Investment in residential real estate in Lithuania last year bounced back to levels last seen in 2007, the year before the financial crisis set in, bursting what was then seen as a real estate bubble. […]
Last year, investment into residential real estate in Lithuania returned to the pre-crisis levels of 2007. Economists say, however, that the growth is sustainable and a real estate “bubble” could, in worst case, deflate a little rather than explode as it did in 2008. […]
Lithuania’s economic growth was lower than initially estimated in the final quarter of 2015, the latest figures from Statistics Lithuania showed on Monday. […]
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