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Išbandyti
2012 08 07

While economizing, Lithuanians are reluctant to give up cars

With prices of food and services continuing to go up, Lithuania’s households are starting to reduce their expenses: first on clothes, footwear, food and drinks, on personal services, such as hairdresser’s, and next – on cars, suggests a poll published by the news portal delfi.lt.
Surūdijęs automobilis
. / Sxc.hu nuotr.

Cutting transport expenses might probably be less attractive for households without an alternative to a car, the news portal quots Professor Romas Lazutka, social policy expert.

“Hence the situation in Lithuania in this respect is similar to that in the US – you cannot live without a car and it is not a luxury item,” he said.

Teodoras Medaiškis, associate professor at the Faculty of Economics of Vilnius University, sees nothing extraordinary in that giving up a car is not the first choice for households cutting expenditures.

“I think there is nothing surprising in the ranking of saving priorities – the easiest way to save is not to buy new clothes or shoes if the old ones are still good enough, or not to use services that are expensive. It is possible to eat cheaper foods. And it is not that easy to cut car expenses if you are not eager to stop using the car altogether – the prices of fuel are growing and the car will not function without maintenance services,” he said.

The poll for delfi.lt was carried out by market researcher Spinter Tyrimai.

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