Lithuanian Confederation of Industrialists: moderate economic growth expected next year

Vidmantas Janulevičius, president of the Lithuanian Confederation of Industrialists (LPK), says that this year Lithuania’s economic growth has not been significantly affected by the ongoing crises, which allows expecting continued growth until the early next year.

“In the third quarter, we saw a 2.5% growth. I think it will be slightly lower in the fourth quarter because, logically speaking, there are still the effects of holidays and so on. However, for the time being, it looks like we will end the year with a plus and a gain,” Janulevičius told Žinių radijas on Monday.