Producer prices in Lithuania dropped 8.7 percent year-on-year in July of 2020, after a downwardly revised 9.8 percent slump in the previous month. This was the seventh straight yearly decrease in producer prices, but the smallest drop since February. On a monthly basis, producer prices were unchanged, after an upwardly revised 2.2 percent gain in the previous month.
Producer Prices Change in Lithuania averaged 2.86 percent from 1998 until 2020, reaching an all time high of 26.20 percent in July of 2008 and a record low of -19.50 percent in September of 2009. This page provides - Lithuania Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Statistics Lithuania
Producer Prices Change in Lithuania is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Lithuania to stand at 3.20 in 12 months time. In the long-term, the Lithuania Producer Prices Change is projected to trend around 3.30 percent in 2021, according to our econometric models.