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Lithuania Gross Domestic Product (GDP) YoY

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Lithuania Gross Domestic Product (GDP) YoY

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Status

 
Latest Release
Oct 30, 2018
Actual
2.20%
Previous
3.80%
GDP measures summary value of goods and services generated in a relevant country or region. A region's gross domestic product, or GDP, is one of the ways for measuring the size of its economy. Production approach - The sum of the value added created through the production of goods and services within the economy. Calculation: GDP using the production approach is derived as the sum of gross value added for each industry plus taxes less subsidies on products. Value added is the newly created value in the production process. It is calculated as the value of output less the value of intermediate consumption. Market influence of GDP Unexpectedly high quarterly GDP growth is perceived to be potentially inflationary if the economy is close to full capacity; this, in turn, causes bond prices to drop and yields and interest rates to rise. Where the stock market is concerned on one side higher than expected growth leads to higher profits and that's good for the stock market.
Importance:
Country:
Currency: EUR
Source: Statistics Lithuania
Lithuania Gross Domestic Product (GDP) YoY
 
Release Date Time Actual Forecast Previous
Nov 30, 2018 (Q3) 04:00     2.20%
Oct 30, 2018 (Q3) 04:00   2.20%   3.80%
Aug 31, 2018 (Q2) 03:00 3.80%   3.70%
Jul 30, 2018 (Q2) 03:00   3.70%   3.60%
Jun 01, 2018 (Q1) 03:00 3.60%   3.60%
Apr 30, 2018 (Q1) 04:00   3.60%   3.80%

Lithuania GDP (YoY) Discussion

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