Lithuania Producer Inflation Decrease in February
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Lithuania's annual producer inflation slowed to 15.1% in February, from a downwardly revised 18.6% increase in the prior month, figures from the Vilnius-based Statistics Lithuania (LS) showed on Thursday.
It was the lowest producer inflation since August 2021, due to a slowdown in prices for manufacturing (10.9% vs 16.2% in January) and mining and quarrying (25.3% vs 24.3%).
Meanwhile, costs rose faster for water supply, sewerage, waste management and remediation activities (28.3% vs 17.1%) and electricity, gas, steam and air conditioning supply (62.1% vs 47.5%).
On a monthly basis, producer prices fell by 1.5%, reversing a 0.8% gain in January.
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