Lithuania's annual inflation rate dropped to 0.7 percent in September of 2020, the least since May, from 1.3 percent in the previous month. Inflation slowed for both miscellaneous goods & services (2.3 percent vs 2.4 percent in August) and alcoholic beverages & tobacco slowed (2.6 percent vs 2.8 percent), while recreation & culture inflation was steady (at 0.7 percent).In addition, prices fell more for transport (-4.6 percent vs -4.1 percent); housing & utilities (-3.7 percent vs -3.6 percent), while that of clothing & footwear declined (-1.2 percent vs 3.2 percent). On the other hand, food & non-alcoholic prices continued to increase (1.6 percent vs 1.4 percent in August). On a monthly basis, consumer prices rose 0.4 percent in September, after a 0.2 percent fall in August.

Inflation Rate in Lithuania averaged 16.49 percent from 1993 until 2020, reaching an all time high of 707.40 percent in June of 1993 and a record low of -2 percent in January of 2003. This page provides - Lithuania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Statistics Lithuania

Inflation Rate in Lithuania is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Lithuania to stand at 1.50 in 12 months time. In the long-term, the Lithuania Inflation Rate is projected to trend around 1.70 percent in 2021 and 2.20 percent in 2022, according to our econometric models.

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Lithuania Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.70 1.30 707.40 -2.00 1993 - 2020 percent Monthly
2010=100


Calendar GMT Actual Previous Consensus TEForecast
2020-07-09 06:00 AM Jun 1.0% 0.3% 0.1%
2020-08-10 06:00 AM Jul 1.0% 1.0% 0.9%
2020-09-08 06:00 AM Aug 1.3% 1.0% 0.8%
2020-10-08 06:00 AM Sep 0.7% 1.3% 1.1%
2020-11-10 07:00 AM Oct 0.7%
2020-12-08 07:00 AM Nov


News Stream
Lithuania Inflation Rate at 4-Month Low of 0.7%
Lithuania's annual inflation rate dropped to 0.7 percent in September of 2020, the least since May, from 1.3 percent in the previous month. Inflation slowed for both miscellaneous goods & services (2.3 percent vs 2.4 percent in August) and alcoholic beverages & tobacco slowed (2.6 percent vs 2.8 percent), while recreation & culture inflation was steady (at 0.7 percent).In addition, prices fell more for transport (-4.6 percent vs -4.1 percent); housing & utilities (-3.7 percent vs -3.6 percent), while that of clothing & footwear declined (-1.2 percent vs 3.2 percent). On the other hand, food & non-alcoholic prices continued to increase (1.6 percent vs 1.4 percent in August). On a monthly basis, consumer prices rose 0.4 percent in September, after a 0.2 percent fall in August.
2020-10-08
Lithuania Inflation Rate Rises to 5-Month High of 1.3%
Lithuania's annual inflation rate increased to 1.3 percent in August of 2020, the most since March, from 1.0 percent in the previous month. Inflation accelerated for food & non-alcoholic (1.4 percent vs 1.1 percent in July); alcoholic beverages & tobacco (2.8 percent vs 2.4 percent), while recreation & culture inflation was steady (at 0.7 percent). In addition, prices fell less for both transport (-4.1 percent vs -4.2 percent) and housing & utilities (-3.6 percent vs -5.9 percent). Meanwhile, prices continued to rise for miscellaneous goods & services (2.4 percent vs 2.9 percent); clothing & footwear (3.2 percent vs 4.7 percent). On a monthly basis, consumer prices went down 0.2 percent in August, after a 0.3 percent drop in July.
2020-09-08
Lithuania Inflation Rate Unchanged in July
Lithuania's annual inflation rate came in at 1.0 percent in July of 2020, unchanged from the previous month. Inflation eased for food & non-alcoholic (1.1 percent vs 3 percent in June); recreation & culture (0.7 percent vs 1.1 percent); alcoholic beverages & tobacco (2.4 percent vs 2.8 percent). Meantime, miscellaneous goods & services inflation was steady (at 2.9 percent), while prices of clothing & footwear rebounded sharply (4.7 percent vs -1.2 percent). By contrast, prices continued to fall for transport (-4.2 percent vs -6.2 percent); housing & utilities (-5.9 percent vs -3.3 percent). On a monthly basis, consumer prices went down 0.3 percent in July, after a 0.5 percent gain in June.
2020-08-10
Lithuania Inflation Rate Accelerates to 1% in June
Lithuania's annual inflation rate increased to 1.0 percent in June 2020 from 0.3 percent in the previous month. Inflation accelerated for both food & non-alcoholic (3 percent vs 2.8 percent in May) and miscellaneous goods & services (2.9 percent vs 2.1 percent). In addition, prices fell softer for transport (-6.2 percent vs -8.3 percent); housing & utilities (-3.3 percent vs -4.1 percent) and clothing & footwear (-1.2 percent vs -2.1 percent). Meantime, prices continued to rise for recreation & culture (1.1 percent vs 1.2 percent); alcoholic beverages & tobacco (2.8 percent vs 3.3 percent). On a monthly basis, consumer prices went up 0.5 percent in June, after a 0.5 percent fall in May.
2020-07-09

Lithuania Inflation Rate
In Lithuania, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (23 percent of total weight). Transport accounts for 12.9 percent; Housing and Utilities for 11.9 percent; Alcoholic beverages and Tobacco for 9.2 percent; Clothing and Footwear for 8 percent and Recreation and Culture for 7.1 percent. Health; Miscellaneous Goods and Services; Furniture, Household Goods and Maintenance; Restaurants and Hotels; Communication and Education account for the remaining 27.9 percent of total weight.