Cost of food in Lithuania increased 5.1 percent in August of 2019 over the same month in the previous year. Food Inflation in Lithuania averaged 19.83 percent from 1993 until 2019, reaching an all time high of 910.70 percent in May of 1993 and a record low of -7.30 percent in February of 2003.
Food Inflation in Lithuania is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Lithuania to stand at 2.90 in 12 months time. In the long-term, the Lithuania Food Inflation is projected to trend around 2.80 percent in 2020, according to our econometric models.