In July, consumer prices were flat over the previous month which contrasted the 0.1% drop recorded in June. According to the statistical institute, the result reflected how lower prices for clothing and footwear as well as for communications were offset by higher prices for housing and healthcare. Despite the flat reading, annual headline inflation rose from 2.5% in June to 2.8% in July. In contrast, annual average HICP inflation (based on the harmonized index of consumer prices) inched down from 3.7% in June to 3.6% in July.
Inflation picks up in July
September 6, 2012
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Lithuania Inflation Chart
Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: Statistics Lithuania and FocusEconomics calculations.
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.