Producer Prices in Lithuania
Lithuania - Producer Prices
Inflation dips to four-month low in March
Consumer prices ticked down 0.1% on a month-on-month basis in March, matching February’s reading and marking the second consecutive month of contraction. A breakdown of the sub-components showed that the result largely reflected lower prices for transport and utilities, which more than offset higher prices for clothing and footwear. Meanwhile, prices for food and non-alcoholic beverages remained broadly stable in March.
Inflation fell to a four-month low of 1.8% in March, from 2.8% in February. In turn, annual average inflation ticked down to 2.4% at the end of Q1, from 2.5% in February. Lastly, harmonized inflation moderated to 1.7% in March, from 2.8% in February.
FocusEconomics panelists project harmonized inflation to average 1.9% in 2020, which is down 0.4 percentage points from last month’s estimate. In 2021, the panel sees inflation at 2.6%.
Lithuania - Producer Prices Data
|Inflation (PPI, annual variation in %)||-5.0||-9.6||-4.4||5.1||5.6|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||0.43||0.0 %||Dec 30|
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June 1, 2020
Annual growth slumped to 2.4% in the first quarter, according to detailed national accounts data released by Statistics Lithuania on 1 June.
May 22, 2020
Industrial production dived 10.9% year-on-year in April, worsening from the previous month’s 1.1% drop and marking the sharpest contraction since March 2014. The downturn chiefly reflected sliding output in the all-important manufacturing sector.
April 30, 2020
GDP rose 2.6% in year-on-year terms in Q1 2020, according to preliminary national accounts data released by Lithuania’s Statistical Institute on 30 April.
April 23, 2020
Industrial production fell 1.5% year-on-year in March, contrasting a revised 3.4% expansion in February (previously reported: +2.4% year-on-year).
April 9, 2020
Consumer prices ticked down 0.1% on a month-on-month basis in March, matching February’s reading and marking the second consecutive month of contraction.