Lithuanians are more optimistic about their country and their financial prospects, but expect to save less in the coming year, according to the latest survey from Statistics Lithuania.
© DELFI / Orestas Gurevičius

The number of Lithuanians that expected their family's financial situation would improve in the coming years increased in January compared to December (22% from 20%) while the number of people who believe their financial situation would become worse also declined (14% from 17%).

One-third of the population (34%) expect the economy will improve in Lithuania this year, up from around a quarter of people surveyed in December. However, the number of people who said they would not be able to save any money also increased (62% from 61%).

The number of Lithuanians who think the country's economic situation has improved over the past year also increased, from 21% in December to 26% in January.

Statisticians noted that consumer confidence is growing faster in urban than in rural areas, and that men were more optimistic about the prospects for the economy than women.

Overall, Lithuanian consumer confidence indicator was slightly lower than the European Union average.

Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Higher oil prices boost inflation

Annual inflation accelerated to 2.9% in October compared to 2.4% in September. On a monthly basis...

Railsbank opens new office in Lithuania

Railsbank, a leading UK-based open-banking and RegTech platform, has opened a new office in Vilnius,...

Reduced Klaipėda seaport charges for container ships to boost the development of shipping

In order to create more favorable conditions for container ships, entering the Klaipėda seaport, the...

A digital creative agency has come up with the idea of how to attract more tourists to Vilnius

The Gediminas Castle, the Hill of Three Crosses and Užupis are probably the most popular tourist...

The future of real estate industry is here already

The Fourth Industrial Revolution (4IR) is already affecting every corner of economy and our lives, and...