Lithuania Inflation February 2021

Lithuania

Lithuania: Inflation edges up in February

March 8, 2021

Consumer prices rose 0.22% on a monthly basis in February, easing from the 0.49% rise in January. The figure reading was mainly driven by flatlining prices for food, housing and recreation.

Inflation increased to 0.6% in February from January´s 0.3%. Meanwhile, annual average inflation fell to 0.8% in February (January: 1.0%). Lastly, harmonized inflation came in at 0.4% in February, following the 0.2% annual rise in harmonized prices in the month prior.

FocusEconomics panelists project harmonized inflation to average 1.7% in 2021, which is down 0.1 percentage points from last month’s estimate, and 2.2% in 2022.


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Lithuania Inflation February 2021

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


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