Lithuania: Inflation comes in at highest level in nearly 13 years in October
November 9, 2021
Consumer prices increased 1.66% over the previous month in October, picking up from the 1.41% increase seen in September and marking the highest result since January 2009. The reading was driven by rising prices for housing and transportation.
Inflation came in at 8.0% in October, which was up from September’s 6.3%. October's reading marked the highest inflation rate since February 2009. Meanwhile, the trend pointed up, with annual average inflation coming in at 3.1% in October (September: 2.5%). Lastly, harmonized inflation rose to 8.2% in October, from September’s 6.4%.