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Tadas Povilauskas EN
12 straipsnių
September's increase in Lithuanian consumer prices is a normal phenomenon driven by seasonal factors, SEB Lithuania's economist said on Friday, commenting on the statistical office's estimate that the monthly index rose by 0.9 percent after three consecutive months of negative inflation.
An average-income person in Lithuania could purchase a car worth 12,200 euros through a lease-to-purchase arrangement this year, 1,300 euros more expensive than last year, according to a survey by SEB.
SEB Lithuania's analyst Tadas Povilauskas says a surge in crude prices following last weekend's attacks on Saudi Arabian oil facilities may lead to a short-term increase of some 3-4 euro cents in gasoline and diesel fuel prices at the pump.
Economist Gitanas Nausėda, leaving the position of advisor to SEB bank president, plans to announce his decision on whether he will run for Lithuanian president soon.
Lithuanian Finance Minister Vilius Šapoka says he sees no major risks after central government and municipal budget revenues for January to May fell short of the projected levels.
Excise duty results published by the Lithuanian State Tax Inspectorate signal a decline in alcohol sales and possibly consumption, however, experts say that the information is insufficient for credible conclusions, as they do not cover the impact of illicit alcohol and alcohol purchased abroad.
Lithuanian economists say global economy could be threatened, if the United States' new President Donald Trump started waging trade wars, although the scenario does not seem very likely for now.
