Cost of food in Lithuania decreased 0.20 percent in January of 2021 over the same month in the previous year, the first time decline in food prices since January of 2019. source: Statistics Lithuania
Food Inflation in Lithuania averaged 19.38 percent from 1993 until 2020, 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. This page provides - Lithuania Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Food Inflation - values, historical data and charts - was last updated on March of 2021.
Food Inflation in Lithuania is expected to be 3.70 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 2.80 in 12 months time. In the long-term, the Lithuania Food Inflation is projected to trend around 2.80 percent in 2021, according to our econometric models.