Lithuania’s GDP grows 8 % in Q2

August 29, 2007 at 10:35 am Leave a comment

GrowthAs the Statistics Department reported annouced Lithuania’s gross domestic product grew by 8 percent in the second quarter of this year compared with a year earlier, to reach EUR 6.87 bln.

The growth was propelled by a 17.3 percent surge in construction, 10.7 percent growth in retail, hotels and restaurants, transport and communications segments, and a 8.8 percent increase in financial mediation, real estate and other businesses, the department said in a statement.

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Entry filed under: Baltic States, Economics, Lithuania, Northern Europe, Politics.

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