Producer Prices in Lithuania
Lithuania - Producer Prices
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 - Producer Prices Data
|Inflation (PPI, annual variation in %)||-2.4||-4.9||-9.6||-4.3||4.9|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||1.00||0.0 %||May 13|
|Stock Market||688||0.45 %||May 13|
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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.
April 9, 2019
Consumer prices increased 0.9% from the previous month in March, up from the 0.1% month-on-month increase in February.
March 22, 2019
Industrial output rose 3.8% year-on-year in February, down from the 5.3% rise in January.