Statistics Lithuania informs that in May 2018, against April, construction input prices increased by 0.6%. The greatest influence on the overall price change was made by a 1.3% increase in wages and salaries, 0.4% increase in prices of construction materials and products, as well as by a 0.3% decrease in overheads. An increase in average gross hourly earnings was determined by increased lump sum premiums, bonuses and benefits.

The existing interconnection between Lithuania and Poland and a reserve link will be used for the synchronization of the Baltic power grids with the Continental European network, the Lithuanian president's chief advisor said on June 27t.

The Bank of Lithuania has not changed its GDP forecasts. The central bank still expects Lithuania's economy to grow 3.2% this year and slow to 2.7% next year.

Lithuania's port of Klaipeda on June 24th welcomed the largest container ship, Francesca, to ever enter the port in its history.

Lithuania's parliament on June 21st adopted an updated National Energy Independence Strategy. The strategy has been updated after six years.

Lithuania's Butinge crude terminal, which is owned by Orlen Lietuva, the Lithuanian unit of Poland's PKN Orlen, handled 3.616 million tons of crude in January through May, up 1.1% from 3.577 million tons a year ago.

The Lithuanian seaport of Klaipeda handled 18.223 million tons of cargo during the first five months of 2018, up 5.8% from 17.232 million tons a year ago.

The volume of goods transported in Lithuania by all means of transport rose to 35.7 million tons in the first quarter of 2018, up 16.3% from the same period last year, new figures from the Statistics Lithuania show.

Statistics Lithuania informs that in 2017 gross inland fuel and energy consumption amounted to 7.67 million tonnes of oil equivalent and, against 2016, grew by 4.7%.

Avia Solutions Group, a Lithuanian capital group indirectly owned by businessman Gediminas Ziemelis, has acquired a Ukraine transport lease company.