Lithuania’s annual producer inflation eased to 20.7 percent in December of 2022, reaching the lowest level since February, from 23.9 percent in the prior month. Prices increased at a softer pace for electricity, gas, steam and air conditioning supply (60 percent vs 87.3 percent in November), followed by manufacturing (17.4 percent vs 19 percent) and water supply, sewerage, waste management and remediation activities (5.5 percent vs 5.7 percent). Meanwhile, costs edged higher for mining and quarrying (23.3 percent vs 23.1 percent). On a monthly basis, producer prices dropped 2.2 percent in December, following a 1.6 percent fall in November. source: Statistics Lithuania
Producer Prices Change in Lithuania averaged 3.90 percent from 1998 until 2022, reaching an all time high of 33.70 percent in June of 2022 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 January of 2023.
Producer Prices Change in Lithuania is expected to be 15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania Producer Prices Change is projected to trend around 3.50 percent in 2024, according to our econometric models.