Producer prices in Lithuania jumped 1.6 percent year-on-year in December 2019, after a 2 percent fall in the previous month. This was the first increase in producer prices since May. On a monthly basis, producer prices rose 1 percent, reversing from a 0.4 percent fall in the prior month. Producer Prices Change in Lithuania averaged 3.22 percent from 1998 until 2019, 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. source: Statistics Lithuania
Producer Prices Change in Lithuania is expected to be 2.50 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 2020, according to our econometric models.