People and businesses in Lithuania are going to have to put up with high inflation that will prevail until this year’s summer, economists have told BNS. The monthly price index [..]
The average net monthly salary in Lithuania rose by EUR 116 (9.3%) to EUR 1,365 last year, the State Data Agency reported on Thursday. The average gross salary grew by [..]
Banks boost Lithuania’s inflation forecast for 2025
Swedbank and the SEB Bank, which are two of Lithuania’s biggest commercial banks, have raised their inflation forecasts for this year to an expected annual rate of 3% and 3.3% [..]
Experts don’t expect fuel, gas prices in Lithuania to rise
Ongoing unrest in the Middle East should not have a significant effect on the price of natural gas and oil products in Lithuania, according to the director of the Lithuanian [..]
Lithuanian labour market worsening, still better than in Europe
Lithuania’s Employment Service announced on Wednesday that the outlook for the country’s labour market deteriorated in September, but remained better than elsewhere in Europe. The agency was citing the European [..]
Luminor upgrades Lithuania’s GDP growth forecast for 2024 to 2.4 pct
Luminor Bank has upgraded its forecast for Lithuania’s economic growth and now expects the country’s GDP to grow by 2.4 percent this year, up from its March projection of 2 [..]
Klaipeda continues to lead Baltic ports in cargo volumes
Klaipeda retains its lead among Baltic ports in terms of cargo volumes, according to January-July figures released by the Lithuanian seaport’s authority on Wednesday. “The cargo statistics curve is gradually [..]
Lithuania’s Viciunai Group to Vici brand in Baltics, plans facelift
Viciunai Group, one of the largest food production groups in Lithuania, partly owned by Kaunas Mayor Visvaldas Matijosaitis, intends to keep its Vici brand in the Baltic countries, but will [..]
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