Lithuania’s annual inflation rate climbed to 18.9 percent in May of 2022 from 16.8 percent in the previous month. It was the highest inflation rate since September of 1996, with food & non-alcoholic beverage prices surging 24.8 percent, the most since September 1996, amid soaring global commodity prices. Main upward price pressures also came from prices of transport (27.5 percent vs 23.1 percent in April) and housing & utilities (43.3 percent vs 37.9 percent). On a monthly basis, consumer prices rose 2.3 percent in May, boosted by higher prices of fuel and lubricants, heat energy and food, particularly meat and meat products, bread and cereal, oil and fat. source: Statistics Lithuania

Inflation Rate in Lithuania averaged 15.93 percent from 1993 until 2022, 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 July of 2022.

Inflation Rate in Lithuania is expected to be 17.50 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 4.10 percent in 2023 and 2.10 percent in 2024, according to our econometric models.

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Lithuania Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-09 06:00 AM Apr 16.8% 15.7% 16.9%
2022-06-08 06:00 AM May 18.9% 16.8% 18.7%
2022-07-08 06:00 AM Jun 18.9% 19.9%


Related Last Previous Unit Reference
Inflation Rate 18.90 16.80 percent May 2022
Inflation Rate Mom 2.30 1.90 percent May 2022
Consumer Price Index CPI 136.60 133.50 points May 2022
Harmonised Consumer Prices 135.30 132.40 points May 2022
GDP Deflator 130.91 124.67 points Mar 2022
Producer Prices 134.10 129.80 points May 2022
Export Prices 108.00 108.50 points Mar 2022
Import Prices 123.90 121.90 points Mar 2022
Producer Prices Change 30.90 28.00 percent May 2022
Food Inflation 24.80 21.70 percent May 2022
CPI Transportation 140.49 135.12 points May 2022
CPI Housing Utilities 147.62 143.49 points May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
18.90 16.80 707.40 -2.00 1993 - 2022 percent Monthly
2010=100

News Stream
Lithuania Inflation Rate Highest Since 1996
Lithuania’s annual inflation rate climbed to 18.9 percent in May of 2022 from 16.8 percent in the previous month. It was the highest inflation rate since September of 1996, with food & non-alcoholic beverage prices surging 24.8 percent, the most since September 1996, amid soaring global commodity prices. Main upward price pressures also came from prices of transport (27.5 percent vs 23.1 percent in April) and housing & utilities (43.3 percent vs 37.9 percent). On a monthly basis, consumer prices rose 2.3 percent in May, boosted by higher prices of fuel and lubricants, heat energy and food, particularly meat and meat products, bread and cereal, oil and fat.
2022-06-08
Lithuania Inflation Rate Highest Since 1996
Lithuania’s annual inflation rate increased to 16.8 percent in April of 2022 from 15.7 percent in the previous month, pointing to the highest figure since October of 1996, mainly boosted by increases in energy and food prices. Main upward price pressures came from prices of housing & utilities (37.9 percent vs 37.5 percent in March), food & non-alcoholic beverages (21.7 percent vs 17.1 percent), and transport (23.1 percent vs 22.1 percent). On a monthly basis, consumer prices were up 1.9 percent in April, led by higher prices of food, particularly vegetables and clothing and footwear due to the new spring and summer collections.
2022-05-09
Lithuania Inflation Rate Highest Since 1996
Lithuania’s annual inflation rate increased to 15.7 percent in March of 2022 from 14.2 percent in the previous month, pointing to the highest figure since October 1996, mainly boosted by increases in energy and food prices. Main upward price pressures came from: housing & utilities (37.5 percent vs 37.8 percent in February), food & non-alcoholic beverages (17.1 percent vs 14.7 percent), transport (22.1 percent vs 16.9 percent), recreation & culture (9.9 percent vs 10.9 percent), miscellaneous goods & services (12.4 percent vs 11.2 percent), and clothing & footwear (4.0 percent vs 1.4 percent). On a monthly basis, consumer prices were up 2.4 percent in March, the most since January 2009, due to higher prices of fuel and lubricants, clothing, bread and cereals, milk and milk products, cheese, eggs, footwear, meat and meat products, oil and fat.
2022-04-08