Lithuania producer price inflation eases in June
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Lithuania's producer price inflation eased in June, figures from Statistics Lithuania (LS) showed on Monday.
The producer price index (PPI) grew 11.3% year-on-year in June, after a 11.8% rise in May. Excluding refined petroleum products, producer prices rose 5.7% annually in June, following a 3.9% increase in the preceding month.
Prices in the domestic market increased by 11.9% yearly in May and non-domestic market gained 10.9%.
On a month-on-month basis, producer prices rose 2.2% in May, following a 1% growth in the prior month. Separate data from the Vilnius-based statistical office showed that the EU measure of harmonized index of consumer prices, or HICP gained 3.5% yearly in June and rose 0.5% from a month ago.
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