Inflation in Lithuania
Lithuania - Inflation
Inflation falls to a two-year low in December
Consumer prices dipped 0.6% from the previous month in December, compared to a 0.1% month-on-month drop in November. According to the Statistical Institute, the reading largely reflected lower prices for transport, and clothing and footwear more than offsetting higher prices for food and non-alcoholic beverages.
Inflation fell from 2.5% in November to a two-year low of 1.9% in December. Annual average inflation edged down to 2.7% in December from 2.9% in the previous month, marking a 16-month low. In a similar fashion, harmonized inflation fell to 1.8% in the same month, from 2.4% in November.
Lithuania Inflation Forecast
FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 2.5% in 2019, down 0.1 percentage points from last month’s estimate. In 2020, the panel sees inflation slowing to 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||1.25||0.0 %||Jan 16|
|Stock Market||633||0.45 %||Jan 16|
Get a sample report showing our regional, country and commodities data and analysis.
Start Your Free 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.
January 10, 2019
Consumer prices dipped 0.6% from the previous month in December, compared to a 0.1% month-on-month drop in November.
December 21, 2018
Industrial output rose 2.9% year-on-year in November, down from October’s impressive 10.9% jump.
December 11, 2018
Consumer prices fell 0.1% from the previous month in November, compared to a 0.6% month-on-month increase in October.
November 30, 2018
According to detailed data released by the Statistical Institute on 30 November, the economy expanded 2.4% in annual terms in the third quarter (previously reported: +2.2% year-on-year), down from the second quarter’s 3.8% year-on-year increase.
November 23, 2018
Industrial output rose 10.9% year-on-year in October, rebounding from September’s 2.5% contraction.