Lithuania’s annual inflation rate increased to 10.6 percent in December of 2021 from 9.2 percent in the previous month. It was the highest inflation rate since September 2008, mainly boosted by prices of housing & utilities (24.6 percent vs 18.8 percent in November), food & non-alcoholic beverages (10.4 percent vs 7.6 percent), and transport (17.8 percent vs 19.9 percent). At the same time prices advanced more for recreation & culture (9 percent vs 8.5 percent), clothing & footwear (4.7 percent vs 2.7 percent), and miscellaneous goods & services (7.8 percent vs 7 percent). On a monthly basis, consumer prices rose 1.2 percent in December, accelerating from a 0.9 percent increase in November. source: Statistics Lithuania
Inflation Rate in Lithuania averaged 15.94 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 January of 2022.
Inflation Rate in Lithuania is expected to be 9.20 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 2.10 percent in 2023, according to our econometric models.