Lithuania: Drop in consumer prices eases in November
December 15, 2015
In November, consumer prices increased 0.3% over the previous month, which was just below the 0.5% increase tallied in October. According to the statistical institute, the result was mainly driven by higher prices for energy and food products.
In annual terms, consumer prices fell 0.4% in November, which was a smaller drop than the 0.7% decrease seen in October. November’s figure, however, marks an eleven-month high. Meanwhile, harmonized consumer prices (based on the Harmonized Index of Consumer Prices) declined 0.5% year-on-year in November (October: -0.4% year-on-year). Annual average HICP inflation inched down from minus 0.6% in September to minus 0.7% in October, the lowest figure since June 2004.