Lithuania inflation rate at 6-month low in November

Figures

Lithuaniaʼs annual inflation rate edged down to 0.6% in November from 0.7% in the previous month, data from the Vilnius-based Statistics Lithuania (LS) showed on Tuesday. 

It was the lowest inflation since May. Food & non-alcoholic inflation declined to a 22-month low of 0.6% in November from 1.1% in October.

Meanwhile, inflation accelerated for both recreation & culture (0.9%) and alcoholic beverages & tobacco (3.4%), while miscellaneous goods & services inflation was steady (at 2.2%).

In addition, prices fell further for clothing & footwear by 2.8%, while cost for transport dropped by 4.6%.

Prices of housing & utilities also went down by 2.4%. On a monthly basis, consumer prices inched down 0.1% in November, the first monthly decline in three months, after a 0.1% gain in October.

ADVERTISEMENT

Almost half of Hungarians get fringe benefits, survey shows Analysis

Almost half of Hungarians get fringe benefits, survey shows

19,000 young jobseekers hired in expanded subsidy program Government

19,000 young jobseekers hired in expanded subsidy program

Manager screenings - not just for managers Interview

Manager screenings - not just for managers

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.