Lithuania: Inflation comes in at highest level in 26 years
May 9, 2022
Consumer prices rose 1.90% in April over the previous month, moderating from the 2.35% rise recorded in March. Looking at the details of the release, prices for food and non-alcoholic beverages rose at a quicker pace in April. In contrast, prices for transportation grew at a more moderate rate.
Inflation increased to 16.8% in April, above March’s 15.7%. April's figure was the highest inflation rate since October 1996. Meanwhile, the trend pointed up, with annual average inflation coming in at 9.2% in April (March: 8.0%). Finally, harmonized inflation rose to 16.6% in April, from March’s 15.6%.