Lithuania: Inflation rises to highest level in nearly four years in July
August 10, 2021
Consumer prices increased 0.71% in July over the previous month, up from June’s 0.55% rise. July’s higher reading was mainly due to rebounding prices for food and beverages, as well as faster price growth for transport.
Inflation came in at 4.7% in July, up from June’s 3.6% reading and logging the highest inflation rate since September 2017. Accordingly, annual average inflation came in at 1.7% in July (June: 1.4%). Lastly, harmonized inflation rose to 4.3%, following the previous months 3.5% reading.