Skyline in Lithuania

Lithuania Inflation December 2022

Lithuania: Harmonized inflation plunges to lowest level since May in December

Harmonized inflation fell to 20.0% in December, following Novembers 21.4%. December’s result represented the lowest inflation rate since May. The moderation was largely broad-based, with lower price pressures recorded for food and non-alcoholic beverages, transportation, and housing and utilities. Moreover, prices for recreation grew at a more subdued pace.

However, the trend pointed up, with annual average harmonized inflation coming in at 18.9% in December (November: 18.1%). Meanwhile, consumer price inflation fell to 21.7% in December, from the previous month’s 22.9%.

Finally, harmonized consumer prices increased 0.13% from the previous month in December, a smaller increase than November’s 0.33% increase. December’s result marked the weakest reading since December 2020.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest