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Lithuania producer prices increase in March

Figures

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Lithuania's producer prices rose for the first time in 14 months in March, figures from Statistics Lithuania (LS) showed on Monday.

The producer price index (PPI) grew 4.6% year-on-year in March, reversing a 4.2% declined in February. Excluding refined petroleum products, producer prices rose 0.4% annually in March, after a 0.7% decline in the preceding month.

Producer prices for products sold on the Lithuanian market gained by 5% annually in March. Prices for products sold on the foreign market increased by 4.3% from a year ago. On a month-on-month basis, producer prices rose 1.2% in March, same as seen in the prior month.

Separate data from the statistical office showed that the EU measure of harmonized index of consumer prices, or HICP, gained 1.6% yearly in March and rose 1.0% from a month ago.

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