Lithuania: Consumer prices in September drop at a softer pace
October 8, 2015
In September, consumer prices grew 0.6% over the previous month, which contrasted the 0.8% drop seen in August and marked a five-month high. According to the statistical institute, the result was mainly driven by higher prices for alcoholic beverages and tobacco.
In annual terms, consumer prices fell 1.1% in September, which was a smaller drop than the 1.2% decrease seen in August. August’s figure had tallied a five-month low. Meanwhile, harmonized consumer prices (based on the harmonized index of consumer prices) fell 0.8% year-on-year in September, coming in above August’s 1.0% decline. Annual average HICP prices fell 0.5% in September, which matched August’s figure.