Lithuania's annual inflation rate increased to 6.3 percent in September of 2021 from 5.3 percent in the previous month. It was the highest inflation rate since April 2009, amid an increase in both heat energy (7.1 percent) and liquefied gas for food production prices (3.9 per cent). Prices rose faster mainly for housing & utilities (16.0 percent vs 13.7 percent in August), food & non-alcoholic beverages (4.2 percent vs 2.7 percent), transport (11.7 percent vs 9.6 percent). Also, prices increased more for recreation & culture (5.7 percent vs 3.9 percent) and alcoholic beverages & tobacco continued to increase (1.6 percent vs 1.5 percent), while those of clothing & footwear rebounded (0.7 percent vs -0.1 percent). Meanwhile, prices of miscellaneous goods & services continued to increase (4.0 percent vs 5.3 percent). On a monthly basis, consumer prices were up 1.4 percent in September, the most since January 2009, accelerating from a 0.4 percent gain in August. source: Statistics Lithuania
Inflation Rate in Lithuania averaged 16 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 October of 2021.
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. 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.