Lithuania's Q4 GDP growth revised up

Figures

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Lithuanian gross domestic product (GDP) expanded 1.1% on quarter in the three months to December 2021, faster than a preliminary estimate of 0.5% expansion, after an upwardly revised 0.7% growth in the previous period, according to the Vilnius-based Statistics Lithuania (LS).

According to data, increases were reported in manufacturing (3.6%), agriculture, forestry and fishing (1.7%), construction, wholesale and retail trade (0.1%), information and communication (2.6%), real-estate activities (1.4%).

By contrast, decreases were seen in financial and insurance activities (-1.8%).

On a yearly basis, the GDP grew by 5.0%, following a 4.8% gain in the third quarter.

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