In May, consumer prices climbed 0.7% over the previous month, which was below the 1.0% rise tallied in April. The monthly increase was driven by higher prices for clothing and footwear (+2.2% month-on-month), housing, gas and other fuels (+1.7% mom) as well as for food and non-alcoholic beverages (+1.3% mom). As a result of the monthly increase, annual headline inflation jumped from 4.4% in April to 5.0% in May, which marked the highest rate in two years. Meanwhile, annual average HICP inflation (based on the harmonized index of consumer prices) also continued to trend upwards, rising to 2.8% in May (April: +2.5% year-on-year).
Inflation continues to accelerate in May
June 8, 2011
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Lithuania Economic News
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.
August 22, 2016
In July, Lithuania’s industrial production decreased 3.8% over the same month last year.