Lithuania Inflation September 2021

Lithuania

Lithuania: Inflation comes in at highest level since March 2009 in September

October 8, 2021

Consumer prices rose 1.41% over the previous month in September, accelerating from the 0.40% increase recorded in August. September's result marked the highest reading since January 2009. The acceleration was broad-based, with greater price pressures recorded for food and non-alcoholic beverages, transportation, and housing and utilities.



Inflation came in at 6.3% in September, up from August’s 5.3%. SeptAember's reading represented the highest inflation rate since March 2009. Annual average inflation rose to 2.5% in September (August: 2.0%). Lastly, harmonized inflation rose to 6.4% in September, from the previous month's 5.0%.

FocusEconomics panelists see harmonized inflation averaging 2.9% in 2021, which is up 0.2 percentage points from last month’s forecast, and 2.4% in 2022.


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Latvia Inflation September 2021

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: Central Statistics Bureau and FocusEconomics Consensus Forecast.


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