In February, consumer prices increased 0.1% over the previous month, which was below the 0.4% increase recorded in January. Prices for food and non-alcoholic beverages, which added 1.4% over the previous month, were the main driver behind the monthly increase. Despite the subdued monthly price increase, annual headline inflation increased from 2.9% to 3.1%, mainly due to a strong base effect, as consumer prices had dropped 0.1% in February 2010. Meanwhile, annual average HICP inflation (based on the harmonized index of consumer prices) stepped up from January's 1.5% to 1.8%, marking the fifth consecutive increase. The Central Bank expects HICP inflation to average 2.8% in 2011 and increasing to 3.4% in 2012.
Inflation picks up in February
March 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.