Lithuania: Economic sentiment increases in April
Economic sentiment rose to 98.1 in April from March’s 96.7. That said, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected healthier sentiment in the industrial and construction sectors. In addition, confidence in the services sector improved in April, while sentiment in the retail sector rose in the surveyed month. However, consumer confidence waned in April.
Relating to indicators that are not used to calculate the index, employment expectations deteriorated, while the economic uncertainty index decreased in April.