Producer Prices in Lithuania
Lithuania - Producer Prices
Inflation rises to highest level in nearly four years in July
Consumer prices increased 0.71% in July over the previous month, up from June’s 0.55% rise. July’s higher reading was mainly due to rebounding prices for food and beverages, as well as faster price growth for transport.
Inflation came in at 4.7% in July, up from June’s 3.6% reading and logging the highest inflation rate since September 2017. Accordingly, annual average inflation came in at 1.7% in July (June: 1.4%). Lastly, harmonized inflation rose to 4.3%, following the previous months 3.5% reading.
FocusEconomics panelists project harmonized inflation to average 2.3% in 2021, which is up 0.1 percentage points from last month’s estimate, and 2.4% in 2022.
Lithuania - Producer Prices Data
|Inflation (PPI, annual variation in %)||-9.6||-4.4||5.1||5.6||-0.1|
5 years of economic forecasts for more than 30 economic indicators.
|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.
August 31, 2021
According to a second estimate released on 31 August, GDP rose 7.8% year-on-year in the second quarter of 2021, quickening from the 1.5% increase tallied in Q1 2021.
August 21, 2021
Industrial output increased 13.0% in year-on-year terms in July, moderating from June's 21.2% increase.
August 10, 2021
Consumer prices increased 0.71% in July over the previous month, up from June’s 0.55% rise.
July 30, 2021
GDP rose 6.9% year-on-year in the second quarter of 2021, according to preliminary data.
July 23, 2021
Industrial output rose 20.7% year-on-year in June (May: +26.2% yoy).