The percentage of people expecting Lithuania's economic situation to deteriorate or deteriorate sharply in the next three months declined to 34 percent last month, from 48 percent in December. The percentage of those expecting their personal or family finances to get worse or get worse very much in the next three months dropped to 23 percent from 34 percent.
"Consumer confidence in Lithuania improved noticeably in January. While most people still do not expect an improvement in the country's economic situation or in their personal situation, they believe that things will not get worse," RAIT Chairwoman Inga Nausėdienė said in a press release on Tuesday.
Last month, fewer people cut back on their personal and family spending. The percentage of people planning to cut their household spending and consumption in the next three months also declined, to 20 percent from 31 percent.
RAIT polled 1,000 people in Lithuania on 11 to 20 January.
