Lithuania’s annual inflation rate eased to 21.7 percent in December of 2022, from 22.9 percent in the previous month. It was the weakest inflation rate since July of 2022, as prices increased at a slower pace for food & non-alcoholic beverages (34.7 percent vs 35.6 percent), housing utilities (48.3 percent vs 55.7 percent), and transport (14.1 percent vs 18.2 percent). Meanwhile, costs picked up for alcoholic beverages & tobacco products (12.4 percent vs 10.4 percent), clothing & footwear (5.7 percent vs 5.6 percent), furnishings, household equipment & routine maintenance (15.1 percent vs 14.2 percent), and hotels & restaurants (20.2 percent vs 19.1 percent). On a monthly basis, consumer prices edged down to 0.3 percent in December, from 0.4 percent in November. source: Statistics Lithuania
Inflation Rate in Lithuania averaged 16.06 percent from 1993 until 2022, reaching an all time high of 707.40 percent in June of 1993 and a record low of -2.00 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 February of 2023.
Inflation Rate in Lithuania is expected to be 18.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.