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Lithuania GDP Growth Rate YoY
In January 2015, Lithuania became a member of the Eurozone. Due to the 2008 global financial crisis, the country suffered a 14.8% decline in the GDP in 2009. Nevertheless, since 2010, Lithuania has been regarded as one of the EU's fastest-growing economies. Domestic consumption, which accounts for 63% of total GDP use, is the most important component of GDP, followed by gross fixed capital formation (19%) and government expenditure (17%). Exports of goods and services make for 81% of total GDP, while imports account for 79%, resulting in a net contribution of 2% to total GDP. Among the most important sectors in terms of output are the wholesale and retail trade, transport, accommodation, and food service activities sector, which accounts for around 32% of total GDP. It is accompanied by industry (which accounts for 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%), and agriculture (4%), financial and insurance (2%), 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 |
|
|
1.1337 -442 pips |
1.1574 +205 pips |
1.17788 | |
| EURAUD |
|
|
1.7338 -642 pips |
1.7945 +35 pips |
1.79796 | |
| EURJPY |
|
|
164.9083 -526 pips |
168.7418 +143 pips |
170.173 | |
| EURCAD |
|
|
1.5682 -340 pips |
1.5974 +48 pips |
1.60221 | |
| EURCHF |
|
|
0.9358 +12 pips |
0.9542 -196 pips |
0.93459 | |
| EURCZK |
|
|
24.6901 +476 pips |
0 +246425 pips |
24.64253 | |
| EURGBP |
|
|
0.8540 -88 pips |
0.8618 +10 pips |
0.86275 | |
| EURHUF |
|
|
397.9672 -43 pips |
405.3240 -693 pips |
398.40 | |
| EURNOK |
|
|
11.4018 -4595 pips |
11.8195 +418 pips |
11.8613 | |
| EURNZD |
|
|
1.8811 -640 pips |
1.9391 +60 pips |
1.94510 |
News (EUR)
German Factory Orders Log Bigger-Than-Expected Fall
Germany's factory orders declined more than expected in May on falling demand from both the domestic market and other euro area economies, official data revealed on Friday. Factory orders decreased 1.4 percent from a month ago, Destatis reported. Orders were expected to drop 0.2 percent after an upwardly revised 1.6 percent rise in April. Orders declined for the first time in four months.
RTTNews | 1 day ago
Eurozone Private Sector Expands More Than Estimated
The euro area private sector expanded more than previously estimated in June as both manufacturing and services sectors registered higher output, final survey results from S&P Global showed on Thursday. The HCOB final composite output index advanced to 50.6 in June from 50.2 in May. The reading was well above the flash estimate of 50.2.
RTTNews | 2 days ago
German Unemployment Climbs Less Than Expected In June
Joblessness in Germany rose in June but at a slower than expected pace, official figures revealed on Tuesday, as activity in the biggest economy in the euro area remains sluggish.
RTTNews | 3 days ago
