Lithuania's annual inflation inched up to 0.3 percent in January of 2021 from 0.2 percent in December 2020, mainly due to a faster rise in prices of recreation & culture (1.1 percent vs 0.4 percent), alcoholic beverages & tobacco (3.3 percent vs 3.0 percent), and miscellaneous goods & services (2.0 percent vs 1.1 percent). By contrast, prices fell for food & non-alcoholic beverages (-0.2 percent vs 0.2 percent in December), housing & utilities (-3.8 percent vs -2.7 percent), transport (-3.8 percent vs -3.8 percent) and clothing & footwear (-1.1 percent vs -4.8 percent). On a monthly basis, consumer prices were up 0.5 percent in January, after a flat reading in December. source: Statistics Lithuania

Inflation Rate in Lithuania averaged 16.30 percent from 1993 until 2021, 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 March of 2021.

Inflation Rate in Lithuania is expected to be 1.20 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 1.70 in 12 months time. In the long-term, the Lithuania Inflation Rate is projected to trend around 1.70 percent in 2022 and 2.20 percent in 2023, according to our econometric models.

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Lithuania Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.20 707.40 -2.00 1993 - 2021 percent Monthly
2010=100


Calendar GMT Actual Previous Consensus TEForecast
2020-11-10 07:00 AM Inflation Rate YoY Oct 0.7% 0.7% 0.8%
2020-12-08 07:00 AM Inflation Rate YoY Nov 0.6% 0.7% 0.8%
2021-01-11 07:00 AM Inflation Rate YoY Dec 0.2% 0.6% 0.9%
2021-02-12 07:00 AM Inflation Rate YoY Jan 0.3% 0.2% 0.5%
2021-03-08 07:00 AM Inflation Rate YoY Feb 0.3% 0.7%
2021-04-09 07:00 AM Inflation Rate YoY Mar 1.2%
2021-05-10 06:00 AM Inflation Rate YoY Apr
2021-06-08 06:00 AM Inflation Rate YoY May


News Stream
Lithuania Inflation Rate Edges Up to 0.3%
Lithuania's annual inflation inched up to 0.3 percent in January of 2021 from 0.2 percent in December 2020, mainly due to a faster rise in prices of recreation & culture (1.1 percent vs 0.4 percent), alcoholic beverages & tobacco (3.3 percent vs 3.0 percent), and miscellaneous goods & services (2.0 percent vs 1.1 percent). By contrast, prices fell for food & non-alcoholic beverages (-0.2 percent vs 0.2 percent in December), housing & utilities (-3.8 percent vs -2.7 percent), transport (-3.8 percent vs -3.8 percent) and clothing & footwear (-1.1 percent vs -4.8 percent). On a monthly basis, consumer prices were up 0.5 percent in January, after a flat reading in December.
2021-02-12
Lithuania Inflation Rate Falls to 5-Year Low of 0.2%
Lithuania's annual inflation decreased to 0.2 percent in December of 2020 from 0.6 percent in the previous month. It was the lowest inflation rate since December of 2015, as food & non-alcoholic inflation dropped to a 23-month low of 0.2 percent in December from 0.6 percent in November. Also, inflation eased for recreation & culture (0.4 percent vs 0.9 percent), alcoholic beverages & tobacco (3.0 percent vs 3.4 percent), and miscellaneous goods & services (1.1 percent vs 2.2 percent). In addition, prices fell more for both housing & utilities (-2.7 percent vs -2.4 percent) and clothing & footwear (-4.8 percent vs -2.8 percent). Meanwhile, prices of transport continued to drop (-3.8 percent vs -4.6 percent). On a monthly basis, consumer prices were flat in December, after a 0.1 percent fall in November.
2021-01-11
Lithuania Inflation Rate at 6-Month Low of 0.6%
Lithuania's annual inflation rate edged down to 0.6 percent in November of 2020 from 0.7 percent in the previous month. It was the lowest inflation since May, as food & non-alcoholic inflation declined to a 22-month low of 0.6 percent in November from 1.1 percent in October. Meanwhile, inflation accelerated for both recreation & culture (0.9 percent vs 0.7 percent) and alcoholic beverages & tobacco (3.4 percent vs 2.9 percent), while miscellaneous goods & services inflation was steady (at 2.2 percent). In addition, prices fell faster for clothing & footwear (-2.8 percent vs -1.8 percent), transport (-4.6 percent vs -4.4 percent). Meanwhile, prices of housing & utilities continued to drop (-2.4 percent vs -2.6 percent). On a monthly basis, consumer prices inched down 0.1 percent in November, the first monthly decline in three months, after a 0.1 percent gain in October.
2020-12-08
Lithuania Inflation Rate Stays at 4-Month Low
Lithuania's annual inflation rate stood at 0.7 percent in October of 2020, unchanged from the previous month, still the least since May. Inflation eased for both food & non-alcoholic prices continued to increase (1.1 percent vs 1.6 percent in September) and miscellaneous goods & services (2.2 percent vs 2.3 percent), while recreation & culture inflation was steady (at 0.7 percent). In addition, prices of clothing & footwear declined more (-1.8 percent vs -1.2 percent).Meantime, prices of alcoholic beverages & tobacco continued to rise (2.9 percent vs 2.6 percent). On the other hand, prices fell further for transport (-4.4 percent vs -4.6 percent); housing & utilities (-2.6 percent vs -3.7 percent). On a monthly basis, consumer prices edged up 0.1 percent in October, after a 0.4 percent rise in September.
2020-11-10

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.