Better than expected 3rd Qtr numbers surprise analysts

Nov 04, 2009
Staff and wire reports

VILNIUS - Lithuania’s third quarter GDP fell by 14.3 percent compared with the same period a year earlier, but the numbers show that the economy is rebounding off second quarter lows, reports news agency ELTA. Output in the third quarter increased compared to the previous quarter’s figures. “Over the past three months, the economy stopped falling and increased by 6 percent from the second quarter. It clearly shows that the economy has hit rock bottom. Through joint efforts we are prepare ...

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