Vilnius
Lithuanian, English
Tomas is a Data Analyst working on Euromonitor’s Economies and Consumers research. His role is to analyse a vast array of economic data sets and develop macroeconomic models to provide insight into market trends, consumer behaviour, and overall economic performance.
Tomas uses programming and modelling skills, with expertise in programming languages like R, to write scripts for data cleaning, processing and analysis, and to build predictive models. Tomas works with and models macro data, including MQ forecasts and macro scenarios, and has served a prominent role in the development of calculation tools, as well as working collaboratively with other teams on set projects. His experience here has allowed him to hone his skills in data analysis and modelling, as well as work collaboratively with cross-functional teams to deliver enhanced, impactful insights.
The US has introduced a new round of Trump tariffs, keeping tariff pressure in place after the previous temporary 10% global duties expired on 24 July 2026. For many major economies, the headline rate has not changed; the bigger shift is that the tariffs now sit on a more durable framework, with some partners facing higher 12.5% rates.
The US-Iran Memorandum of Understanding, signed on 17 June, marks a pivotal shift from disruption to stabilisation — consistent with Euromonitor's central scenario, which anticipated conditions beginning to ease in mid-2026. However, the deal is a starting point, not a resolution. Mines, fragile confidence, and infrastructure damage mean full recovery of Strait of Hormuz shipping flows will take months. Energy costs and supply chain pressures will ease gradually, while uncertainty remains elevated.
The blockage of the Strait of Hormuz, a consequence of the US/Israel-Iran war, has emerged as the defining economic disruption of 2026. The impact extends beyond energy markets: rerouted shipping, airspace restrictions and disrupted exports of petrochemicals and fertilisers have raised freight and input costs globally, reducing margins and exposing the depth of vulnerability in energy importing and trade-dependent economies.