Lithuania: Consumer prices drop at May's rate in June
July 10, 2015
In June, consumer prices dropped 0.1% over the previous month, which contrasted the 0.5% increase seen in the previous month. According to the statistical institute, the result was mainly driven by lower prices for clothing and footwear.
In annual terms, consumer prices fell 0.5% in June, which matched May’s decrease. Meanwhile, harmonized consumer prices (based on the harmonized index of consumer prices) fell 0.2% year-on-year in June, coming in slightly below May’s 0.1% decline. Annual average HICP prices fell 0.3% in June, mirroring the previous month’s drop and thus remaining at the lowest level since July 2004.