Consumer confidence hits seven year low

Nov 27, 2008
TBT Staff in cooperation with BNS

VILNIUS – Lithuania’s consumer confidence index has plummeted six more points to reach a seven year low, the national statistics agency said. The index reached -41 points, down from October’s level of -35. This is lowest level recorded since the index began in May 2001, it said. "People assess the present situation adequately. They started to realize that their expenses on electricity and natural gas are set to increase," Vilija Tauraite, chief analyst at SEB Bankas, told the Baltic New ...

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