Producer Prices in Lithuania
Lithuania - Producer Prices
Inflation ticks up in January
Consumer prices rose 0.49% from the previous month in January, contrasting the 0.03% fall in December. The figure was largely driven by a rebound in prices for food and quicker price growth for housing.
Inflation rose to 0.3% in January from December´s 0.2%, which had marked the lowest reading since December 2015. Meanwhile, annual average inflation fell to 1.0% in January (December: 1.2%). Lastly, harmonized inflation came in at 0.2% in January, contrasting the 0.1% annual fall in harmonized prices.
FocusEconomics panelists project harmonized inflation to average 1.8% in 2021, which is unchanged from last month’s estimate, and 2.3% in 2022.
Lithuania - Producer Prices Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Inflation (PPI, annual variation in %) | -9.6 | -4.4 | 5.1 | 5.6 | -0.1 |
Lithuania Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.43 | 0.0 % | Dec 30 |
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Economic News
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Lithuania: Industrial output grows at fastest pace in 16 months in January
February 23, 2021
Industrial output jumped 7.2% in year-on-year terms in January, picking up from December’s 3.6% rise and marking the strongest increase since September 2019.
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Lithuania: Inflation ticks up in January
February 12, 2021
Consumer prices rose 0.49% from the previous month in January, contrasting the 0.03% fall in December.
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Lithuania: GDP swings back to contraction in Q4 2020 amid second lockdown
January 29, 2021
GDP fell 1.2% year-on-year in the fourth quarter of 2020, according to preliminary data released by Statistics Lithuania on 29 January.
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Lithuania: Industrial output grows at fastest pace in 15 months in December
January 25, 2021
Industrial output jumped 3.6% in year-on-year terms in December, picking up from November’s 0.6% uptick and marking the strongest increase since September 2019.
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Lithuania: Inflation plunges to lowest level since December 2015 in December
January 12, 2021
Consumer prices fell 0.03% from the previous month in December, a smaller drop than November's 0.14% drop.
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