Lithuania: Inflation falls in November
December 11, 2018
Consumer prices fell 0.1% from the previous month in November, compared to a 0.6% month-on-month increase in October. According to the Statistical Institute, the reading largely reflected lower prices for transport and food more than offsetting higher prices for housing, water, electricity, gas and other fuels.
Inflation moderated from a five-month high of 2.9% in October to 2.5% in November. Annual average inflation edged down to 2.9% in November from 3.0% in the previous month. In a similar fashion, harmonized inflation fell to 2.4% in November from 2.8% in October.
Author: Almanas Stanapedis, Economist