Lithuania producer prices rise further in October

Figures

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Lithuania's producer prices increased further in October, figures from Statistics Lithuania (LS) showed on Thursday. The producer price index (PPI) increased 16.4% year-on-year in October, following a 15.2% rise in September.

Excluding refined petroleum products, producer prices grew 9.0% annually in October, following an 8.9% increase in the preceding month.

Producer prices for products sold on the Lithuanian market increased by 20.7% annually in October.

Prices for products sold on the foreign market rose by 13.7% from a year ago.

On a monthly basis, producer prices rise 1.3% in October, following a 1.5% gain in the prior month.

Another data from the Vilnius-based statistics agency showed that the EU measure of harmonized index of consumer prices (HICP) rose 8.2% yearly in October, following a 6.4% increase in September. On a monthly basis, HICP rose 1.7% in October. 

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