Lithuania's annual inflation rate increased to 3.0 percent in January 2020, the highest since February 2018, boosted mainly by prices of food & non-alcoholic beverages (4.3 percent vs 3.5 percent in December) and transport (5.9 percent vs 3.1 percent). Meanwhile, prices went up at a softer pace for alcoholic beverages & tobacco (2.7 percent vs 3.3 percent), clothing & footwear (0.2 percent vs 1.2 percent), recreation & culture (2.7 percent vs 3.5 percent), and miscellaneous goods & services (2.4 percent vs 2.8 percent). Housing & utilities prices continued to fall (-2.6 percent vs -2.3 percent). On a monthly basis, consumer prices increased 0.4 percent in January, after a 0.3 percent gain in December.

Inflation Rate in Lithuania averaged 16.87 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. source: Statistics Lithuania

Inflation Rate in Lithuania is expected to be 2.30 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 2.20 in 12 months time. In the long-term, the Lithuania Inflation Rate is projected to trend around 2.20 percent in 2021, according to our econometric models.


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Lithuania Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.00 2.70 707.40 -2.00 1993 - 2020 percent Monthly
2010=100


Calendar GMT Actual Previous Consensus TEForecast
2019-11-11 07:00 AM Oct 1.6% 2.2% 2%
2019-12-09 07:00 AM Nov 1.7% 1.6% 1.6%
2020-01-09 07:00 AM Dec 2.7% 1.7% 1.9%
2020-02-14 07:00 AM Jan 3% 2.7% 2.4%
2020-03-09 07:00 AM Feb 3% 3.2%
2020-04-08 06:00 AM Mar 2.8%
2020-05-11 06:00 AM Apr
2020-06-08 06:00 AM May


News Stream
Lithuania Inflation Rate Jumps to 2-Year High
Lithuania's annual inflation rate increased to 3.0 percent in January 2020, the highest since February 2018, boosted mainly by prices of food & non-alcoholic beverages (4.3 percent vs 3.5 percent in December) and transport (5.9 percent vs 3.1 percent). Meanwhile, prices went up at a softer pace for alcoholic beverages & tobacco (2.7 percent vs 3.3 percent), clothing & footwear (0.2 percent vs 1.2 percent), recreation & culture (2.7 percent vs 3.5 percent), and miscellaneous goods & services (2.4 percent vs 2.8 percent). Housing & utilities prices continued to fall (-2.6 percent vs -2.3 percent). On a monthly basis, consumer prices increased 0.4 percent in January, after a 0.3 percent gain in December.
2020-02-14
Lithuania Inflation Rate Rises to 5-Month High
Annual inflation rate in Lithuania increased to 2.7 percent in December 2019 from 1.7 percent in the previous month. This was the highest inflation since July, as prices rose faster for: hotels, cafes, restaurant (6.0% vs 5.8% in November); miscellaneous goods & services (2.8% vs 1.9%); recreation & culture went up faster (3.5% vs 2.2%); furnishing & household equipment (2.4% vs 1.4%), and alcoholic beverages & tobacco (3.3% vs 2.6%), while both transport (3.1% vs -1.5%) and clothing & footwear prices (1.2 % vs -0.1%) rebounded. In addition, prices fell less for both housing & utilities (-2.3% vs -2.7) and communication (-0.7% vs -0.8%). Meanwhile, food & non-alcoholic beverages prices went up softer (3.5% vs 4.1%). On a monthly basis, consumer prices went up 0.3 percent in December, after a flat reading in November.
2020-01-09
Lithuania Inflation Rate Edges Up to 1.7% in November
Annual inflation rate in Lithuania inched higher to 1.7 percent in November 2019 from 1.6 percent in the previous month. Food & non-alcoholic beverages inflation rose to 4.1 percent, the highest in three months, from 3.6 percent in October. In addition, prices fell softer for both transport (-1.5% vs -3.2% in October) and communication (-0.8% vs -1%). Meantime, prices advanced softer for: alcoholic beverages & tobacco (2.6% vs 3%); hotels, cafes, restaurant (5.8% vs 6.4%); miscellaneous goods & services (1.9% vs 2.5%), and recreation & culture went up faster (2.2% vs 2.8%). On the other hand, furnishing & household equipment inflation was steady (at 1.4%). Conversely, cost of clothing & footwear edged down (-0.1 % vs 0.2%), while those of housing & utilities declined further (-2.7% vs -2.2). On a monthly basis, consumer prices were unchanged in November, after a 0.1 percent gain in October.
2019-12-09
Lithuania Inflation Rate at 3-Year Low in October
Annual inflation rate in Lithuania fell to 1.6 percent in October 2019, the lowest since November 2016, from 2.2 percent in the previous month. Food & non-alcoholic beverages inflation edged down to 3.6 percent, the lowest in four months, from 3.7 percent in September Also, prices advanced at a slower rate for alcoholic beverages & tobacco (3% vs 3.3% in September); furnishing & household equipment (1.4% vs 2.5%); hotels, cafes, restaurant (6.4% vs 6.5%); and miscellaneous goods & services (2.5% vs 2.6%). In addition, cost fell further for housing & utilities (-2.2% vs -0.9%), transport (-3.2% vs -0.6%), and communication (-1% vs -1.9%). Conversely, prices of recreation & culture went up faster (2.8% vs 2.7%), while those of clothing & footwear rebounded (0.2 % vs flat reading). On a monthly basis, consumer prices rose 0.1 percent in October, after a 0.9 percent in September.
2019-11-11

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.