Inflation in Lithuania
Lithuania - Inflation
Inflation rises to six-month high in April
Consumer prices rose 0.8% from the previous month in April, broadly unchanged from a March’s 0.9% increase. The reading largely reflected higher prices for clothing and footwear, transport, and food and non-alcoholic beverages, which more than offset lower prices for housing, water, electricity, gas and other fuels.
Meanwhile, inflation edged up from 2.6% in March to 2.8% in April, marking the third consecutive month of intensifying price pressures as well as the highest reading since October 2018. In addition, annual average inflation remained stable at 2.4%, where it has been since February.
Lastly, harmonized inflation ticked up from 2.6% in March to a six-month high of 2.7% in April.
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%.
Lithuania - Inflation Data
|Inflation Rate (CPI, annual variation in %)||1.1||0.1||-0.9||0.9||3.7|
5 years of economic forecasts for more than 30 economic indicators.
Lithuania Inflation Chart
Source: Statistics Lithuania and FocusEconomics calculations.
|Bond Yield||0.75||0.0 %||Jun 13|
|Stock Market||672||0.45 %||Jun 13|
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.
May 31, 2019
Growth gained some traction at the beginning of the year, according to detailed national accounts data released by Lithuania’s Statistical Institute on 31 May.
May 23, 2019
Industrial output soared 16.5% in annual terms in April, picking up markedly from a 2.6% year-on-year increase in March and marking the highest reading in nearly six years.
May 10, 2019
Consumer prices rose 0.8% from the previous month in April, broadly unchanged from a March’s 0.9% increase.
April 30, 2019
Growth inched up to 3.9% in annual terms in the first quarter of the year (Q4 2018: +3.8% year-on-year), according to preliminary data released by the Statistical Institute on 30 April.
April 23, 2019
Industrial output rose 2.6% year-on-year in March, down from the 6.0% rise in February.