In June, consumer prices edged down 0.1% over the previous month (May: +0.7% month-on-month), which represents the first negative reading since August 2010. The monthly contraction was driven by lower prices for food and non-alcoholic beverages (-0.8% mom), clothing and footwear (-0.3% mom), as well as for transport (-0.1% mom). As a result of the monthly decline, annual headline inflation slowed from 5.0% in May to 4.8% in June, breaking the upward trend in place since February. In contrast, annual average HICP inflation (based on the harmonized index of consumer prices) stepped up to 3.2% in June from 2.8% in the previous month.
Inflation slows for the first time in five months
July 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.