Lithuania’s annual inflation rate increased to 22.4 percent in August of 2022 from 21.6 percent in the previous month. It was the highest inflation rate since August of 1996, mainly boosted by higher prices of food and energy, with food & non-alcoholic beverage prices soaring to 30.6 percent, the most since June 1996. Main upward price pressures also came from prices of transport (26.1 percent vs 30.4 percent in July), housing & utilities (59.1 percent vs 50.4 percent), alcoholic beverages and tobacco (10.1 percent vs 9.6 percent), clothing and footwear (2.9 percent vs 2.2 percent), and recreation and culture (8.9 percent vs 8.7 percent). On a monthly basis, consumer prices rose 1.0 percent in August, the least in nine months, slowing from a 1.2 percent gain in July. source: Statistics Lithuania

Inflation Rate in Lithuania averaged 15.98 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 September of 2022.

Inflation Rate in Lithuania is expected to be 18.50 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
2022-08-08 06:00 AM Jul 21.6% 21.0% 21.2%
2022-09-08 06:00 AM Aug 22.4% 21.6% 21.9%
2022-10-10 06:00 AM Sep 22.4%


Related Last Previous Unit Reference
Inflation Rate 22.40 21.60 percent Aug 2022
Inflation Rate MoM 1.00 1.20 percent Aug 2022
Consumer Price Index CPI 142.90 141.50 points Aug 2022
Harmonised Consumer Prices 140.18 139.36 points Aug 2022
GDP Deflator 145.94 130.91 points Jun 2022
Producer Prices 138.50 138.80 points Aug 2022
Export Prices 115.10 108.00 points Jun 2022
Import Prices 129.80 123.90 points Jun 2022
Producer Prices Change 28.40 29.80 percent Aug 2022
Food Inflation 30.60 29.90 percent Aug 2022
CPI Transportation 143.64 148.04 points Aug 2022
CPI Housing Utilities 177.40 164.81 points Aug 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
22.40 21.60 707.40 -2.00 1993 - 2022 percent Monthly
2010=100

News Stream
Lithuania Inflation Rate Hits 26-Year High of 22.4%
Lithuania’s annual inflation rate increased to 22.4 percent in August of 2022 from 21.6 percent in the previous month. It was the highest inflation rate since August of 1996, mainly boosted by higher prices of food and energy, with food & non-alcoholic beverage prices soaring to 30.6 percent, the most since June 1996. Main upward price pressures also came from prices of transport (26.1 percent vs 30.4 percent in July), housing & utilities (59.1 percent vs 50.4 percent), alcoholic beverages and tobacco (10.1 percent vs 9.6 percent), clothing and footwear (2.9 percent vs 2.2 percent), and recreation and culture (8.9 percent vs 8.7 percent). On a monthly basis, consumer prices rose 1.0 percent in August, the least in nine months, slowing from a 1.2 percent gain in July.
2022-09-08
Lithuania Inflation Rate Highest Since 1996
Lithuania’s annual inflation rate climbed to 21.6 percent in July of 2022 from 21.0 percent in the previous month. It was the highest inflation rate since September of 1996, mainly boosted by higher prices of food and energy, with food & non-alcoholic beverage prices surging to 29.9 percent, the most since June 1996, largely due to bread and grain products, cheese and eggs, and meat and its products. Main upward price pressures also came from prices of transport (30.4 percent vs 35.1 percent in June) and housing & utilities (50.4 percent vs 46.3 percent). On a monthly basis, consumer prices were up 1.2 percent in July, the least in seven months, easing from a 2.3 percent rise in June.
2022-08-08
Lithuania Inflation Rate Highest in 26 Years
Lithuania’s annual inflation rate advanced to 21.0 percent in June of 2022 from 18.9 percent in the previous month. It was the highest inflation rate since September of 1996, with food & non-alcoholic beverage prices jumping 28.5 percent, the most since June 1996, amid surging global commodity prices. Main upward price pressures also came from prices of transport (35.1 percent vs 27.5 percent in May) and housing & utilities (46.3 percent vs 43.3 percent). On a monthly basis, consumer prices climbed 2.3 percent in June, driven by higher prices of fuel and lubricants, thermal energy and food, particularly milk, cheese and meat products, bread and grain products.
2022-07-11