Latest reading: Consumer prices rose 10.9% in annual terms in May, following a 11.6% rise in the prior month. May’s...
Inflation in Lithuania
Harmonized consumer price inflation averaged 3.9% in the ten years to 2024. The 2024 average figure was 0.9%. For more inflation information, visit our dedicated page.
Lithuania Inflation Chart
Note: This chart displays Inflation (HICP, ann. var. %, aop) for Lithuania from 2014 to 2025.
Source: Macrobond.
Lithuania Inflation Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Inflation (HICP, ann. var. %, aop) | 4.6 | 18.9 | 8.7 | 0.9 | 3.4 |
| Inflation (CPI, ann. var. %, eop) | 10.6 | 21.7 | 1.2 | 2.1 | 3.4 |
| Inflation (HICP, ann. var. %, eop) | 10.7 | 20.0 | 1.6 | 1.9 | 3.2 |
| Inflation (PPI, ann. var. %, aop) | 9.5 | 25.9 | -2.2 | -2.4 | -1.9 |
Inflation accelerates in April from March
Latest reading: Harmonized consumer prices increased 4.9% in annual terms in April, following a 4.4% increase in the prior month. April's reading was the strongest since August 2023. Relative to the previous month's data, there were higher price pressures for transportation (+12.6% in annual terms vs +7.2% in March), housing and utilities (+7.1% vs +6.6% in March) and restaurants and hotels (+6.3% vs +6.2% in March). In contrast, there were milder price pressures for food and non-alcoholic beverages (+1.1% vs +2.7% in March) and recreation (+5.8% vs +6.1% in March). Meanwhile, consumer prices rose 5.3% in annual terms in April, following a 4.8% increase in the previous month. Finally, harmonized consumer prices increased 0.67% in April in month-on-month terms, following a 1.46% rise in the previous month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Lithuanian inflation projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Lithuanian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Lithuanian inflation projections.
Want to get access to the full dataset of Lithuanian inflation forecasts? Send an email to info@focus-economics.com.
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