Economic sentiment indicator increased in January

In January 2023, compared to December 2022, the economic sentiment indicator, i.e. confidence of economic actors – producers, consumers and investors – in Lithuania’s economy, increased from -14.8 to -3.3 percent. Services confidence indicator grew from -7.6 to 12, construction – from -23 to -5.5, industry – from -24.1 to -14.1, consumer – from -8.1 to -4.5, retail trade – from -2.2 to -1.1, reports State Data Agency (Statistics Lithuania).

Compared to January 2022, economic sentiment indicator decreased by 3.9 percentage points. Industry confidence indicator decreased by 16, retail trade – 4.2 percentage points. Service sector confidence indicator increased by 8, construction – 6.2, consumer – 0.2 percentage points.