Lithuanian Industry Expectations Index in August – the lowest this year

Lithuanian Industry Expectations Index in August – the lowest this year

According to her, the August result is already a fluctuation of more than one month, and part of a broader weakening of expectations seen since spring.

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“The five-month dynamics already show a fairly clear direction – the expectations of industrial companies are weakening. The August result is not a big drop, but it is important because the stabilization seen in July did not hold. Industrial companies continue to operate in an environment where external demand is recovering slowly, competition in international markets remains very high, and investment decisions require more clarity,” said LPK president Vidmantas Janulevičius in a statement.

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