Lithuania Consumer Confidence Falls For Second Straight Month

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Consumer confidence in Lithuania dropped to minus 51 in November from minus 47 in the previous month, Statistics Lithuania reported on Friday. This marks the lowest level in the indicator since March, when the index also stood at minus 51.

In November, the index measuring household financial situation in the next 12 months slid to minus 33 from minus 30, while the index assessing the country's economic situation in the next 12 months fell to minus 44 from minus 39. Also, the index on probability of savings in the next one year dropped to minus 54 from minus 52.

Meanwhile, the gauge measuring the number of unemployed in the next 12 months increased to 73 from 69.

Consumer confidence in Lithuania dropped to minus 51 in November from minus 47 in the previous month, Statistics Lithuania reported on Friday. This marks the lowest level in the indicator since March, when the index also stood at minus 51. (Market News Provided by RTTNews)