Lithuania's annual inflation rate increased to 8.0 percent in October of 2021 from 6.3 percent in the previous month. It was the highest inflation rate since February 2009, amid an increase in prices of fuels and lubricants, heat energy, solid fuels, gas, and electricity. Prices rose faster for housing & utilities (17.3 percent vs 16.0 percent in September), food & non-alcoholic beverages (5.9 percent vs 4.2 percent), transport (17.3 percent vs 11.7 percent), recreation & culture (7.1 percent vs 5.7 percent), alcoholic beverages & tobacco (1.9 percent vs 1.6 percent), clothing & footwear (1.5 percent vs 0.7 percent), and miscellaneous goods & services (6.0 percent vs 4.0 percent). On a monthly basis, consumer prices were up 1.7 percent in October, the most since January 2009, accelerating from a 1.4 percent rise in September. source: Statistics Lithuania
Inflation Rate in Lithuania averaged 15.97 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 November of 2021.
Inflation Rate in Lithuania is expected to be 8.50 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 1.90 percent in 2022 and 2.10 percent in 2023, according to our econometric models.