Inflation in Lithuania
Lithuania - Inflation
Inflation rise in February
Consumer prices increased 0.1% from the previous month in February, down slightly from the 0.1% month-on-month increase in January. According to the Statistical Institute, the reading largely reflected higher prices for food and non-alcoholic beverages, as well as for recreation and culture which more than offset lower prices for clothing and footwear, and transport.
Meanwhile, inflation rose to 2.1% in February, from an over two-year low of 1.7% in January. Nevertheless, annual average inflation moderated from 2.5% in January to 2.4% in February, marking a 19-month low. Lastly, harmonized inflation increased from 1.6% in January to 2.0% in February.
FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 2.5% in 2019, unchanged 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||1.10||0.0 %||Mar 20|
|Stock Market||658||0.45 %||Mar 20|
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March 13, 2019
Consumer prices increased 0.1% from the previous month in February, down slightly from the 0.1% month-on-month increase in January.
March 1, 2019
According to detailed national accounts data released by the Statistical Institute on 1 March, the Lithuanian economy gained momentum at the end of 2018.
February 21, 2019
Industrial output rose 5.3% year-on-year in January, up from the 1.0% rise in December, largely reflecting healthy output growth in the manufacturing sector.
February 15, 2019
Consumer prices increased 0.2% from the previous month in January, compared to a 0.6% month-on-month drop in December.
January 30, 2019
According to preliminary data released by the Statistical Institute on 30 January, the economy expanded 3.9% in annual terms in the fourth quarter last year, up from the third quarter’s 2.6% year-on-year increase (previously reported: +2.4% year-on-year).