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In 2019, the Bank of Lithuania expects the slowdown of the country's GDP growth to 2.7%. For the current year, the forecast for the recovery of the Lithuanian economy is kept at the level of 3.2%. According to the estimator of the regulator, the country's economic growth will remain rapid, and its slowdown in 2019 “is due to a small decline in export dynamics and a slowdown in the growth of domestic consumption.” The Central Bank expects that in 2018 Lithuania's exports will increase by 5.7%, in 2019 - by 4.6%. Private domestic consumption will grow by 3.8% this year, next year - by 3.5%. According to the forecast, the average annual inflation in 2018 will be 2.7%, in 2019 - 2.2%.
The Bank of England will announce next week how quickly it expects the economy to recover from the coronavirus pandemic, but it is unlikely to add to the 100 billion pounds of the fiscal package it released in June. Britain’s economy ...
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
On Thursday, the United States’ Gross Domestic Product (GDP) suffered the biggest economic decline in the second quarter as the surge of coronavirus cases affected the whole country. The U.S. government decided to shut down restaurants, ...
Thailand's finance ministry on Thursday cut back its 2020 economic forecast to a record 8.5% contraction in GDP. This is a substantial contrast from a 2.8% growth it expected in January as the COVID-19 situation continued to worsen. The ministry’s ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
KYC Policy