Inflation in Lithuania
Lithuania - Inflation
Inflation comes in at highest level in nearly 13 years in October
Consumer prices increased 1.66% over the previous month in October, picking up from the 1.41% increase seen in September and marking the highest result since January 2009. The reading was driven by rising prices for housing and transportation.
Inflation came in at 8.0% in October, which was up from September’s 6.3%. October's reading marked the highest inflation rate since February 2009. Meanwhile, the trend pointed up, with annual average inflation coming in at 3.1% in October (September: 2.5%). Lastly, harmonized inflation rose to 8.2% in October, from September’s 6.4%.
FocusEconomics panelists see harmonized inflation averaging 3.2% in 2022, which is up 0.3 percentage points from last month’s forecast, and 2.4% in 2023.
Lithuania - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-0.9||0.9||3.7||2.7||2.3|
5 years of economic forecasts for more than 30 economic indicators.
Lithuania Inflation Chart
Source: Statistics Lithuania and FocusEconomics calculations.
|Bond Yield||0.43||0.0 %||Dec 30|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
December 1, 2021
According to a second national accounts estimate, GDP rose 4.8% year-on-year in the third quarter of 2021, softening from the 8.3% increase tallied in Q2 and matching the preliminary estimate.
November 23, 2021
Industrial output grew 20.5% in year-on-year terms in October, which was above September's 19.4% increase.
November 9, 2021
Consumer prices increased 1.66% over the previous month in October, picking up from the 1.41% increase seen in September and marking the highest result since January 2009.
October 29, 2021
GDP rose 4.8% year-on-year in the third quarter of 2021, according to preliminary data.
October 8, 2021
Consumer prices rose 1.41% over the previous month in September, accelerating from the 0.40% increase recorded in August.