Lithuania Inflation


Inflation edges down in January

In January, consumer prices rose 0.2% over the previous month, which contrasted the 0.1% decline recorded in December. According to the statistical institute, the result was mainly influenced by higher prices for electricity as well as for fruits, which were partially offset by lower prices for clothing and footwear.

Despite the monthly price increase, annual headline inflation edged down from 2.8% in December to 2.6% in January. Meanwhile, annual average HICP inflation (based on the harmonized index of consumer prices) reached 2.9% in December, the latest month for which data are available.


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Lithuania Inflation Chart

Lithuania Inflation January 2013

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: Statistics Lithuania and FocusEconomics calculations.

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