Lithuania: Inflation holds steady in September
October 10, 2016
Consumer prices in Lithuania rose 0.6% in September from the previous month, which contrasted the 0.5% drop in August. According to the Statistical Institute, the figure reflected a robust increase in prices for clothing and footwear, which more than offset decreases in transport and healthcare prices.
Inflation in September remained steady at August’s 0.8%, which had marked a four-month high in that month. Harmonized inflation (based on the Harmonized Index of Consumer Prices) came in at 0.6% in September, slightly above August’s 0.5% reading. In addition, annual average HICP inflation increased from a 0.1% reading in August to 0.3% in September.
Author: David Ampudia, Economist