Analytics, Inflation, Lithuania, Statistics

International Internet Magazine. Baltic States news & analytics Friday, 01.11.2024, 01:14

Lithuania's consumer prices edge down 0.1% in November vs October

BC, Vilnius, 08.12.2020.Print version
Lithuania's consumer prices edged down by 0.1 percent in November from October, resuming their downward trend after two months of positive inflation, the country's statistics office said.

The 12-year inflation rate ticked down to 0.6% in November, from 0.7% in October, and the average annual inflation rate inched down to 1.4%, from 1.5%.  


The monthly consumer price index was driven down by lower prices for clothing and footwear, fruit, coffee, tea and cocoa, and meat and meat products,

This was partly offset by an increase in prices for heat energy, tobacco products and telecommunications services.


Prices for consumer goods fell by 0.2% in November from October and were down by 1% in y-o-y terms. Services prices edged down by 1% m-o-m, but rose by 4.4% y-o-y. 

 




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