Bank of Lithuania
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2019-12-18

Macroeconomic Projections (December 2019)

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The Bank of Lithuania macroeconomic projections are the result of macroeconometric modelling and expert assessment. In making projections, a structural macroeconomic model is applied, which is created and updated by the Economics Department of the Bank of Lithuania. The model-based projections are then updated, taking into account expert judgement on structural changes and the latest available information on the forthcoming economic shocks. The publication is prepared on a quarterly basis.