In December, consumer prices increased 0.8% over the previous month, following the flat reading recorded in November. Increasing prices for transport (+4.0% month-on-month) as well as for food and alcoholic beverages (+1.2% mom) were the main drivers behind the monthly price increase. As a result of the monthly price increase, annual headline inflation jumped from 2.7% in November to 3.8% in December. Meanwhile, annual average harmonised inflation stepped up from November's 1.0% to 1.2%, marking a third consecutive increase and matching Central Bank expectations for the full year 2010. The Central Bank expects harmonised inflation to average 2.3% in 2011.
Inflation jumps in December
January 11, 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.