Lithuania producer prices continue to fall in January

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Lithuania's producer prices continued to decline in January, figures from statistics Lithuania (LS) showed on Thursday.

The producer price index (PPI) decreased 6.3% year-on-year in January, following a 7.9% decline in December. Excluding refined petroleum products, producer prices fell 1.4% annually in January, same as seen in the preceding month.

Producer prices for products sold on the Lithuanian market decreased by 4.8% annually in January. Prices for products sold on the foreign market fell by 7.4% from a year ago. On a month-on-month basis, producer prices rose 1.4% in January, after a 1.5% increase in the prior month.

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