Lithuania Producer Prices Increase For The First Time In 14 Months

By RTTNews Staff Writer   ✉   | Published:

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

The producer price index grew 4.6 percent year-on-year in March, reversing a 4.2 percent declined in February.

Excluding refined petroleum products, producer prices rose 0.4 percent annually in March, after a 0.7 percent decline in the preceding month.

Producer prices for products sold on the Lithuanian market gained by 5.0 percent annually in March. Prices for products sold on the foreign market increased by 4.3 percent from a year ago.

On a month-on-month basis, producer prices rose 1.2 percent 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 percent yearly in March and rose 1.0 percent from a month ago.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.