Inflation in Lithuania

Lithuania Inflation | Economic News & Forecasts

Lithuania - Inflation

Inflation hits over 12-year high in August

Consumer prices rose 0.40% in August over the previous month, a smaller increase than July's 0.71% rise. August's result marked the softest rise in prices since February. The reading was driven by moderating price pressures for transportation and housing and utilities. In addition, prices for alcoholic beverages and tobacco flatlined.

Inflation came in at 5.3% in August, which was up from July’s 4.7%. August's result was the highest inflation rate since April 2009. Meanwhile, the trend pointed up, with annual average inflation coming in at 2.0% in August (July: 1.7%). Lastly, harmonized inflation rose to 5.0% in August, from the previous month's 4.3%.

FocusEconomics panelists see harmonized inflation averaging 2.7% in 2021, is up 0.4 percentage points from the previous month’s forecast, and also 2.7% in 2022 which is up 0.3 percentage points from last month’s forecast.

Lithuania - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-0.9  0.9  3.7  2.7  2.3  

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Lithuania Inflation Chart

Lithuania Inflation
Note: Annual variation of harmonized index of consumer prices (HICP) in %.
Source: Statistics Lithuania and FocusEconomics calculations.

Lithuania Facts

Value Change Date
Bond Yield0.430.0 %Dec 30

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