In July, consumer prices edged down 0.2% over the previous month (June: -0.1% month-on-month), which represents the steepest drop in prices since August 2010. The monthly contraction was driven by lower prices for clothing and footwear as well as for food and non-alcoholic beverages, which were partially offset by higher utilities cost. As a result of the monthly decline, annual headline inflation slowed from 4.8% in June to 4.6% in July, marking a three-month low. In contrast, annual average HICP inflation (based on the harmonized index of consumer prices) stepped up from 3.2% in June to 3.4% in July.
Inflation continues to slow
August 8, 2011
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Lithuania Economic News
October 21, 2016
In September, Lithuania’s industrial production rose a noteworthy 8.0% from the same month last year, the highest reading in eight months.
October 10, 2016
Consumer prices in Lithuania rose 0.6% in September from the previous month, which contrasted the 0.5% drop in August.
September 21, 2016
In August, Lithuania’s industrial production rose 1.6% over the same month last year.
September 8, 2016
Consumer prices fell 0.5% over the previous month in August, which was slightly above July’s 0.7% drop.
August 30, 2016
GDP rose 1.9% in annual terms in Q2, according to detailed data released by the National Statistics Office on 30 August.