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Exports provide welcome bounce to economy

Sep 01, 2010
From wire reports

VILNIUS - The Lithuanian economy expanded at a revised 1.3 percent pace from a year earlier in the second quarter as export growth and manufacturing picked up, reports Bloomberg. The figure compares with a preliminary estimate of 1.1 percent announced July 28 and a 2.8 percent contraction in the first quarter, the Vilnius-based statistics office said on Aug. 27 in an e-mailed statement. Gross domestic product increased a seasonally adjusted 3.2 percent from the previous quarter, revised u ...

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