Lithuania: Inflation inches up in November
December 9, 2014
In November, consumer prices were flat over the previous month, which was below the 0.1% rise registered in October. According to the statistical institute, the result reflects that higher prices for housing and utilities, as well as for household equipment and maintenance were offset by lower prices for transport and communications.
Annual inflation inched up from 0.1% in October to 0.2% in November, which marked the highest level in four months. Meanwhile, annual HICP inflation (based on the harmonized index of consumer prices) ticked up from 0.3% in October to 0.4% in November. Annual average HICP inflation held at 0.3% in November.
Author: Carl Kelly, Economist