Lithuania: economic downturn milder than feared

Lithuania’s GDP contracted by 3.7% YoY in the second quarter of 2020, a smaller dip than previously expected. The quarterly GDP stood at 11.5 billion euros at current prices, having shrunk by 5.1% QoQ, Statistics Lithuania said on July 30. “The second-quarter contraction was mostly due to services. Manufacturing had the second-biggest impact and construction…



Estonia: retail trade turnover up in June 2020

In June, the turnover of retail trade enterprises was EUR 671 million, data from Statistics Estonia showed. Compared to June 2019, turnover increased by 7% at constant prices. Jaanika Tiigiste, the leading analyst at Statistics Estonia, said the turnover of stores selling manufactured goods, which fell in April and May, turned around in June, increasing…