Lithuania producer prices continue to fall in November

Figures

Photo by g0d4ather / Shutterstock.com

Lithuaniaʼs producer prices continued to decline in November, figures from Statistics Lithuania (LS) showed on Wednesday.

Photo by g0d4ather / Shutterstock.com

The producer price index (PPI) decreased 8.3% year-on-year in November, following a 9.3% decrease in October. Excluding refined petroleum products, producer prices fell 1.5% annually in November, following a 1.8% decline in the preceding month.

Producer prices for products sold on the Lithuanian market decreased by 7.2% annually in November. Prices for products sold on the foreign market fell by 9.1% from a year ago. On a month-on-month basis, producer prices rose 0.6% in November, following a 0.3% increase in the prior month.

Another data from Statistics Lithuania showed that the EU measure of harmonized index of consumer prices, or HICP, rose 0.4% yearly in November. On a monthly basis, the HICP fell 0.1% in November.

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