Lithuania Inflation Rate Eases in October


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Lithuania's annual inflation slightly eased to 23.6% in October from a 24.1% surge a month earlier, figures from the Vilnius-based Statistics Lithuania (LS) showed on Thursday.

Prices increased at slower pace for transport (21% vs 23.7%), housing & utilities (63.7% vs 71.3%), miscellaneous goods & services (15.4% vs 15.9%), clothing & footwear (4.9% vs 5.1%), furnishings, household equipment & routine maintenance (13.2% vs 14.2%).

On the other hand, inflation picked up for food products and & non-alcoholic beverages (33.7% vs 31%), alcoholic beverages & tobacco products (10.6% vs 10.1%), health care (8.8% vs 8.1%), recreation & culture (10.6% vs 9.6%), hotels, cafe & restaurants (19.2% vs 17.9%).

On a monthly basis, consumer prices rose 1.2% in October, slowing from a 2.9% gain in September.


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