Lithuania producer prices continue to fall in November
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.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
