Lithuania Inflation March 2019

Lithuania

Lithuania: Inflation rises in March

April 9, 2019

Consumer prices increased 0.9% from the previous month in March, up from the 0.1% month-on-month increase in February. The reading largely reflected higher prices for clothing and footwear, and food and non-alcoholic beverages, which more than offset lower prices for household equipment and communication.

Meanwhile, inflation rose to 2.6% in March, from 2.1% in February. In addition, annual average inflation was unchanged at February’s 2.4%, while harmonized inflation increased from 2.0% in February to 2.6% in March.

FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 2.3% in 2019, which is down 0.2 percentage points from last month’s estimate. In 2020, the panel sees inflation at 2.4%.


Author:, Economist

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Lithuania Inflation March 2019

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


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