Lithuania: Growth in industrial production moderates in SeptemberStaff Writer | October 26, 2017
Lithuania’s industrial production expanded 4.8% year-on-year in September, decelerating from August’s revised 12.6% expansion (previously reported: +12.5% year-on-year).
A month-on-month comparison showed that industrial production declined 0.3% in seasonally and calendar-adjusted terms (August: +3.2% month-on-month).
The overall trend consequently weakened in September as annual average growth decreased from 6.3% in August to 6.0%.
Analysts surveyed by FocusEconomics expect industrial production to expand 4.4% in 2018, which unchanged from last month’s projection.
For 2019, the panel expects industrial output growth of 4.2%. ■