Lithuania Inflation June 2021

Lithuania

Lithuania: Inflation remains stable in June

July 9, 2021

Consumer prices increased 0.55% in June, moderating from May’s 0.57% rise. June’s lower reading was mainly due to falling prices for food.

Inflation remained at 3.6% in June, matching May’s reading which had marked the highest inflation rate in over three years. Accordingly, annual average inflation came in at 1.4% in June, above May’s 1.2%. Lastly, harmonized inflation remained unchanged from the previous month in June, coming in at 3.5%.

FocusEconomics panelists project harmonized inflation to average 2.2% in 2021, which is up 0.2 percentage points from last month’s estimate, and 2.4% in 2022.


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Lithuania Inflation June 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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