GDP growth slows in Q3 due to shrinking investments
Wednesday, November 30, 2016
Annual Lithuania's GDP growth decelerated to 1.7% in the third quarter of this year. Seasonally and working day adjusted quarterly growth decelerated from 0.4% in the second quarter to 0.1% in the third quarter. Household demand remained the main driver of growth, while shrinking investments was the largest drag on growth, Swedbank announced.