Lithuania Inflation Rate Remains at Over 3-Year High

Lithuania’s annual inflation rate stood at 6.7% year-on-year in October 2026, matching the pace of the previous month and marking the highest reading since July 2023. The increase was driven by faster price growth for transport (21.3% vs 20.2% in September), alcoholic beverages and tobacco (7.4% vs 7.3%), furnishings, household equipment and maintenance (2.9% vs 1.7%), education (6.9% vs 3.8%), and personal care, social protection, miscellaneous goods and services (8.0% vs 6.8%). Meanwhile, inflation eased for housing and utilities (14.7% vs 15.9%), health (5.2% vs 5.7%), and recreation, sport, and culture (3.9% vs 5.1%), while it held steady for information and communication (1.8%), restaurants and accommodation (6.1%), and food and non-alcoholic beverages (-1.6%). Deflation also persisted in clothing and footwear (-2.7% vs -0.7%). On a monthly basis, consumer prices rose 0.2% in October, easing from 1.0% in the previous month.

Lithuania’s annual inflation rate rose to 6.7% year-on-year in September 2026 from 6.1% in August, marking the highest reading since July 2023. The acceleration was mainly driven by faster price growth for transport (20.2% vs 15.0% in August) and housing, water, electricity, gas and other fuels (15.9% vs 15.8%). Costs also increased for alcoholic beverages, tobacco and narcotics (7.3% vs 7.1%), health (5.7% vs 4.9%), and insurance and financial services (7.3% vs 5.9%). Meanwhile, inflation eased for furnishings, household equipment and maintenance (1.7% vs 2.8%), recreation, sport and culture (5.1% vs 6.2%), education (3.8% vs 5.2%), and information and communication (1.8% vs 2.1%). Deflation in food and non-alcoholic beverages narrowed (-1.6% vs -2.0%), while clothing and footwear prices fell 0.7% after rising 0.8% in August. On a monthly basis, consumer prices rose 1.0% in September, rebounding from a 0.1% decrease in the previous month.

Lithuania’s annual inflation rate rose to 6.1% year-on-year in August 2026 from 5.9% in the previous month, marking the highest reading since August 2023. The increase was driven by faster price growth for transport (15% vs 12.5% in July) and housing and utilities (15.8% vs 15.1%). Costs also increased for recreation, sport, and culture (6.2% vs 5.2%), personal care, social protection, and miscellaneous goods and services (6.9% vs 5.7%), furnishings, household equipment and maintenance (2.8% vs 2.4%), restaurants and hotels (5.9% vs 5.5%), and information and communication (2.1% vs 1.6%). Meanwhile, inflation eased for alcoholic beverages and tobacco (7.1% vs 7.6%), clothing and footwear (0.8% vs 1.8%), and education (5.2% vs 5.3%), while it held steady for health (4.9%). Deflation also persisted in food and non-alcoholic beverages (-2.0% vs -0.3%). On a monthly basis, consumer prices fell 0.1% in August, reversing a 0.2% increase in the previous month.