Lithuania's annual inflation rate decreased to 0.3 percent in May 2020 from 1.0 percent in the previous month. It was the lowest inflation rate since December 2015, as food & non-alcoholic beverages inflation eased to a 13-month low of 2.8 percent (vs 3.4 percent in April). Also, inflation slowed for both recreation & culture (1.2 percent vs 1.5 percent) and alcoholic beverages & tobacco (3.3 percent vs 3.7 percent).In addition, prices fell faster for transport (-8.3 percent vs -4.8 percent); housing & utilities (-4.1 percent vs -3.6 percent) and clothing & footwear (-2.1 percent vs -0.6 percent). Meanwhile, miscellaneous goods & services inflation accelerated (2.1 percent vs 1.7 percent). On a monthly basis, consumer prices went down 0.5 percent in May, after a 0.1 percent rise in April.

Inflation Rate in Lithuania averaged 16.68 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 July of 2020. source: Statistics Lithuania

Inflation Rate in Lithuania is expected to be 0.10 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 1.40 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
0.30 1.00 707.40 -2.00 1993 - 2020 percent Monthly
2010=100


Calendar GMT Actual Previous Consensus TEForecast
2020-03-09 07:00 AM Feb 2.8% 3% 3.2%
2020-04-08 06:00 AM Mar 1.8% 2.8% 2.8%
2020-05-11 06:00 AM Apr 1.0% 1.8% 1%
2020-06-08 06:00 AM May 0.3% 1.0% 0.8%
2020-07-09 06:00 AM Jun 0.3% 0.1%
2020-08-10 06:00 AM Jul
2020-09-08 06:00 AM Aug
2020-10-08 06:00 AM Sep 0.3%


News Stream
Lithuania Inflation Slows to Near 4-1/2 Year Low
Lithuania's annual inflation rate decreased to 0.3 percent in May 2020 from 1.0 percent in the previous month. It was the lowest inflation rate since December 2015, as food & non-alcoholic beverages inflation eased to a 13-month low of 2.8 percent (vs 3.4 percent in April). Also, inflation slowed for both recreation & culture (1.2 percent vs 1.5 percent) and alcoholic beverages & tobacco (3.3 percent vs 3.7 percent).In addition, prices fell faster for transport (-8.3 percent vs -4.8 percent); housing & utilities (-4.1 percent vs -3.6 percent) and clothing & footwear (-2.1 percent vs -0.6 percent). Meanwhile, miscellaneous goods & services inflation accelerated (2.1 percent vs 1.7 percent). On a monthly basis, consumer prices went down 0.5 percent in May, after a 0.1 percent rise in April.
2020-06-08
Lithuania Inflation Rate at Near 3-1/2 Year Low
Lithuania's annual inflation rate decreased to 1.0 percent in April 2020 from 1.8 percent in the previous month. It was the lowest inflation rate since November 2016, as food & non-alcoholic beverages inflation eased to a 10-month low of 3.4 percent (vs 3.6 percent in March). Also, miscellaneous goods & services prices rose softer (1.7 percent vs 2.3 percent), while that of transport fell (-4.8 percent vs 0.3 percent). In addition, clothing & footwear prices dropped more (-0.6 percent vs -0.1 percent). Meantime, prices increased faster for alcoholic beverages & tobacco (3.7 percent vs 2.8 percent) while recreation & culture inflation was steady (at 1.5 percent). On the other hand, housing & utilities prices continued to decline (-3.6 percent vs -3.7 percent). On a monthly basis, consumer prices edged up 0.1 percent in April, after a 0.1 percent drop in March.
2020-05-11
Lithuania Inflation Rate Eases to 4-Month Low
Lithuania's annual inflation rate decreased to 1.8 percent in March 2020 from 2.8 percent in the previous month. It was the lowest inflation rate since last November, as prices rose softer for food & non-alcoholic beverages (3.6 percent vs 4.0 percent in February); transport (0.3 percent vs 5.1 percent); recreation & culture (1.5 percent vs 2.9 percent), and alcoholic beverages & tobacco (2.8 percent vs 2.9 percent). In addition, housing & utilities prices dropped faster (-3.7 percent vs -2.5 percent). Meanwhile, prices went up at a faster pace for miscellaneous goods & services (2.3 percent vs 1.9 percent), while that of clothing & footwear fell less (-0.1 percent vs -0.3 percent). On a monthly basis, consumer prices edged down 0.1 percent in March, the same pace as in February.
2020-04-08
Lithuania Inflation Rate Eases to 2.8% in February
Lithuania's annual inflation rate decreased to 2.8 percent in February 2020 from 3.0 percent in the previous month. Prices rose softer for food & non-alcoholic beverages (4.0 percent vs 4.3 percent in January); transport (5.1 percent vs 5.9 percent), and miscellaneous goods & services (1.9 percent vs 2.4 percent), while that of clothing & footwear fell (-0.3 percent vs 0.2 percent). Meanwhile, prices went up at a faster pace for alcoholic beverages & tobacco (2.9 percent vs 2.7 percent) and recreation & culture (2.9 percent vs 2.7 percent). On the other hand, housing & utilities prices continued to fall (-2.5 percent vs -2.6 percent). On a monthly basis, consumer prices edged down 0.1 percent in February, after a 0.4 percent gain in January.
2020-03-09

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.