Fall in Lithuania’s industrial producer prices among biggest in EU

Lithuania has reported one of the biggest falls in industrial producer prices among the 28 European States in March.

Industrial producer prices in March 2016 fell 6.3%, compared to March 2015, according to Eurostat data released on Tuesday.

Lithuania’s result is third after Greece, where industrial producer prices decreased 9%, and the Netherlands, 10.9%.

In both Latvia and Estonia, the prices decreased 3.9%.

On average, industrial producer prices in the EU fell 4.1%.

Compared to February 2016, the prices decreased 0.7% in Lithuania and grew 0.4% htroughout the EU.

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