Economics
Lithuania First-Quarter Economic Growth Second-Fastest in EU
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Lithuania’s economic growth accelerated to an annual 6.9 percent in the first quarter, the second-fastest in the European Union, driven by investments and domestic demand.
The expansion compares with a 4.8 percent increase in the fourth quarter, the Vilnius-based statistics office said in an e-mailed statement today. The first-quarter figure matches the preliminary estimate released on April 28. The economy expanded a seasonally adjusted 3.5 percent from the previous quarter.