Economics
Lithuania’s Economic Growth Slowed in First Quarter to 3.9%
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Lithuania’s economic growth slowed in the first quarter as Europe’s debt crisis sapped demand for the Baltic nation’s exports.
Gross domestic product expanded a preliminary 3.9 percent from a year earlier, compared with 4.4 percent growth in the previous three months, the statistics office in the capital, Vilnius, said today by e-mail. That’s more than the 3.5 percent median estimate of six economists in a Bloomberg survey. GDP rose a seasonally adjusted 0.8 percent from the fourth quarter.