Lithuania's annual inflation rate increased to 5.3 percent in August of 2021 from 4.7 percent in the previous month. It was the highest inflation rate since April 2009, due mainly to a faster rise in prices of both housing & utilities (13.7 percent vs 11.7 percent in July) and food & non-alcoholic beverages (2.7 percent vs 2.1 percent), while transports inflation was steady (at 9.6 percent). Also, prices advanced more for miscellaneous goods & services (5.3 percent vs 3.4 percent), recreation & culture (3.9 percent vs 3.3 percent). Meantime, prices of alcoholic beverages & tobacco continued to increase (1.5 percent vs 2.5 percent). In addition, prices of clothing & footwear fell less (-0.1 percent vs -0.2 percent). On a monthly basis, consumer prices were up 0.4 percent in August, the least in six months, easing from a 0.7 percent rise in July. source: Statistics Lithuania

Inflation Rate in Lithuania averaged 16.03 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 September of 2021.

Inflation Rate in Lithuania is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania Inflation Rate is projected to trend around 1.90 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
5.30 4.70 707.40 -2.00 1993 - 2021 percent Monthly
2010=100


Calendar GMT Actual Previous Consensus TEForecast
2021-06-08 06:00 AM May 3.6% 2.5% 3.5%
2021-07-09 06:00 AM Jun 3.6% 3.6% 3.4%
2021-08-09 06:00 AM Jul 4.7% 3.6% 4.3%
2021-09-08 06:00 AM Aug 5.3% 4.7% 5.1%
2021-10-08 06:00 AM Sep 5.3%
2021-11-10 06:00 AM Oct
2021-12-08 07:00 AM Nov


News Stream
Lithuania Inflation Rate Highest Since 2009
Lithuania's annual inflation rate increased to 5.3 percent in August of 2021 from 4.7 percent in the previous month. It was the highest inflation rate since April 2009, due mainly to a faster rise in prices of both housing & utilities (13.7 percent vs 11.7 percent in July) and food & non-alcoholic beverages (2.7 percent vs 2.1 percent), while transports inflation was steady (at 9.6 percent). Also, prices advanced more for miscellaneous goods & services (5.3 percent vs 3.4 percent), recreation & culture (3.9 percent vs 3.3 percent). Meantime, prices of alcoholic beverages & tobacco continued to increase (1.5 percent vs 2.5 percent). In addition, prices of clothing & footwear fell less (-0.1 percent vs -0.2 percent). On a monthly basis, consumer prices were up 0.4 percent in August, the least in six months, easing from a 0.7 percent rise in July.
2021-09-08
Lithuania Inflation Rate at Near 4-Year High of 4.7%
Lithuania's annual inflation rate increased to 4.7 percent in July of 2021 from 3.6 percent in the previous month. It was the highest inflation rate since September 2017, due mainly to a faster rise in prices of both housing & utilities (11.7 percent vs 2.3 percent in June) and food & non-alcoholic beverages (2.1 percent vs 0.8 percent). Also, prices advanced more for miscellaneous goods & services (3.4 percent vs 2.4 percent), and alcoholic beverages & tobacco (2.5 percent vs 1.9 percent). Meanwhile, prices increased further for transports (9.6 percent vs 9.7 percent), recreation & culture (3.3 percent vs 3.9 percent). By contrast, prices of clothing & footwear fell (-0.2 percent vs 4.8 percent). On a monthly basis, consumer prices were up 0.7 percent in July, the most in three months, accelerating from a 0.6 percent gain in June.
2021-08-09
Lithuania Inflation Rate Stays at Near 3-1/2- Year High
Lithuania's annual inflation rate stood at 3.6 percent in June of 2021, unchanged from the previous month. Still, it was the highest inflation rate since January 2018, due mainly to a faster rise in prices of housing & utilities (2.3 percent vs 1.1 percent in May), food & non-alcoholic beverages (0.8 percent vs 0.7 percent), clothing & footwear (4.8 percent vs 3.9 percent) and alcoholic beverages & tobacco (1.9 percent vs 1.5 percent). Meanwhile, prices increased further for transports (9.7 percent vs 10.5 percent), recreation & culture (3.9 percent vs 4.4 percent), miscellaneous goods & services (2.4 percent vs 3.1 percent). On a monthly basis, consumer prices were up 0.6 percent in June, the same pace as in May.
2021-07-09
Lithuanian Inflation Rate at Near 3-1/2-Year High of 3.6%
Lithuania's annual inflation increased to 3.6 percent in May of 2021, the highest level since January 2018, from 2.5 percent in the previous month, due mainly to a faster rise in both transport prices (10.5 percent vs 7.2 percent in April) and housing & utilities (1.1 percent vs 0.6 percent), while those of food & non-alcoholic beverages rebounded (0.7 percent vs -0.1 percent). At the same time, prices advanced more for recreation & culture (4.4 percent vs 3.5 percent), miscellaneous goods & services (3.1 percent vs 2.6 percent), clothing & footwear (3.9 percent vs 0.5 percent) and alcoholic beverages & tobacco (1.5 percent vs 0.8 percent). On a monthly basis, consumer prices were up 0.6 percent in May, easing from a 0.9 percent rise in April.
2021-06-08

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.