Advertisement
Lithuania GDP Growth Rate QoQ
Lithuania was admitted as the 19th member of the Euro Area in 2015. The service industry accounts for the biggest share of Lithuania's GDP, with information and communication technologies representing the fastest expanding sector. Lithuania has also transitioned in recent years towards a knowledge-based economy, with a number of enterprises producing complex biotech items such as pharmaceutical ingredients, components for molecular diagnostics, and laser equipment. When it comes to expenditures, household consumption is the most important component of GDP, accounting for 63% of total use. This is followed by gross fixed capital formation (19%) and government expenditure (17%). 81% of total GDP is accounted for exports of goods and services, while imports account for 79%, resulting in 2% of total GDP. On a production level, the wholesale and retail commerce, transport, accommodation, and food service activities sectors are the largest, accounting for roughly 32% of total GDP. Industry (23% of total GDP), manufacturing (19%), public administration, defense, education, human health, and social work activities (14%), construction (7%), real estate activities (6%), professional, scientific, technical activities, administrative and support services (6%), information and communication (3%), agriculture (4%) financial and insurance (2%) and arts, entertainment and recreation, repair of household goods and other services (2%).
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Forex Sentiment (EUR)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.1318 -385 pips |
1.1502 +201 pips |
1.17033 | |
| EURAUD |
|
|
1.7258 -692 pips |
1.7926 +24 pips |
1.79498 | |
| EURJPY |
|
|
164.0348 -528 pips |
167.9761 +134 pips |
169.312 | |
| EURCAD |
|
|
1.5676 -368 pips |
1.5905 +139 pips |
1.60437 | |
| EURCHF |
|
|
0.9371 +13 pips |
0.9545 -187 pips |
0.93585 | |
| EURCZK |
|
|
0 -247294 pips |
24.7895 -601 pips |
24.72943 | |
| EURGBP |
|
|
0.8492 -50 pips |
0.8554 -12 pips |
0.85424 | |
| EURHUF |
|
|
397.8520 -84 pips |
405.3240 -663 pips |
398.70 | |
| EURNOK |
|
|
11.3492 -4663 pips |
11.8195 -40 pips |
11.8155 | |
| EURNZD |
|
|
1.8691 -662 pips |
1.9331 +22 pips |
1.93534 |
News (EUR)
Eurozone Economic Sentiment Falls Unexpectedly
Eurozone economic sentiment weakened unexpectedly in June primarily driven by reduced confidence in industry and retail trade, a monthly survey data from the European Commission showed on Friday. The economic confidence index fell to 94.0 in June from 94.8 in May. The score was forecast to rise to 95.1. The industrial confidence index posted -12.0 in June, down from -10.4 a month ago.
RTTNews | 1 day ago
French Inflation Accelerates In June
France's inflation accelerated more than expected in June largely due to higher services costs but the overall rate remained below the 2 percent target, preliminary estimate from the statistical office INSEE showed on Friday. Consumer prices increased 0.9 percent year-on-year in June, faster than the 0.7 percent rise in May. The rate was forecast to remain unchanged at 0.7 percent.
RTTNews | 1 day ago
German GfK Consumer Confidence To Drop In July
German consumer confidence is set to drop in July after rising for three straight months as rising willingness to save offset the positive impetus provided by improved income prospects. The forward-looking consumer sentiment index fell unexpectedly to -20.3 in July from -20.0 in the previous month, a survey jointly published by the market research group GfK and the Nuremberg Institute for Market
RTTNews | 2 days ago
