Producer Prices in Lithuania
Lithuania - Producer Prices
Inflation falls to seven-month low in September
Consumer prices jump 0.9% month-on-month in September, contrasting August’s 0.4% contraction and marking the first increase in four months and the strongest one since March.
A breakdown of the sub-components provided by Statistics Lithuania showed that September´s upturn was chiefly lead by soaring prices for clothing and footwear, and considerably higher prices for education which more than offset lower prices for recreation and culture, and transport.
Meanwhile, inflation fell to a seven-month low of 2.2% in September, from 2.6% in August. Meanwhile, annual average inflation inched down from 2.5% in August to 2.4% in September. Lastly, harmonized inflation fell from 2.5% in August to 2.0% in September.
FocusEconomics Consensus Forecast panelists expect harmonized inflation to average 2.4% in 2019, up 0.1 percentage points from last month’s estimate. In 2020, the panel sees inflation stable at 2.4%, unchanged from last month’s forecast.
Lithuania - Producer Prices Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation (PPI, annual variation in %) | -2.3 | -5.0 | -9.6 | -4.4 | 5.1 |
Lithuania Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.20 | 0.0 % | Sep 04 |
| Stock Market | 688 | 0.45 % | Sep 04 |
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Economic News
Lithuania: Inflation falls to seven-month low in September
October 9, 2019
Consumer prices jump 0.9% month-on-month in September, contrasting August’s 0.4% contraction and marking the first increase in four months and the strongest one since March.
Lithuania: Industrial output shrinks at sharpest pace in over three years in August
September 23, 2019
Industrial production fell 2.6% year-on-year in August, contrasting July’s robust 6.9% expansion, and marking the strongest contraction in over three years, amid a broad-based deterioration. The all-important manufacturing sector led the deterioration as output dipped in August following a healthy increase in July.
Lithuania: Inflation inches down in August
September 10, 2019
Consumer prices fell 0.4% month-on-month in August, following a milder 0.3% drop in July, and marking the strongest contraction so far this year. A breakdown of the sub-components provided by Statistics Lithuania showed that 5 of the total 12 sub-components saw a fall in prices, led by considerably lower prices for housing and utilities, which more than offset higher prices for alcoholic beverages and tobacco.
Lithuania: Growth slows in Q2 but remains healthy
August 30, 2019
GDP increased 3.9% in year-on-year terms in the second quarter, according to detailed national accounts data released by Lithuania’s Statistical Institute on 30 August.
Lithuania: Industrial output surges in July
August 23, 2019
Industrial production jumped 6.9% in July, recovering vigorously from June’s 1.0% year-on-year contraction.
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