Lithuania producer price inflation accelerates in January

Figures

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Lithuania's producer prices continued to increase in January, figures from Statistics Lithuania (LS) showed on Friday.

The producer price index (PPI) increased 17.7% year-on-year in January, following a 16.3% rise in December.

Excluding refined petroleum products, producer prices gained 15.2% annually in January, following a 13.2% increase in the preceding month.

Producer prices for products sold on the Lithuanian market increased by 31.9% annually in January.

Prices for products sold on the foreign market rose by 26.4% from a year ago, according to the Vilnius-based statistics agency.

On a monthly basis, producer prices grew 2.6% in January, following a 0.4% rise in the prior month.

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