As the Lithuanian economy moved away from a sustainable growth path last year and the population ran out of money, we could see stagnation or recession across Europe this year. According to experts, the time […]
Even official statistics show that food has recently become more expensive for Lithuanians than in other countries. Moreover, in Lithuania, food and beverages account for the largest share of household expenditure, Martynas Žilionis is writing […]
Not everyone can live on their salary, so they are looking for extra jobs. Labour market experts say the popularity of additional jobs is growing but predict that their demand will increase even more in […]
Experts’ forecasts for the Lithuanian economy are far from optimistic. Economists say that rising inflation and Russia’s war in Ukraine will only further accelerate the rise in food prices and deglobalisation. The construction sector is […]
Lithuania’s Prime Minister Saulius Skvernelis says that people are more sensitive about inflation than they should be, adding that the price hike would not be steep enough to outdo growing salaries. […]
In January consumer prices increased by 0.3% compared with December and were 2.3% higher than a year ago. […]
A survey shows overwhelming public support for a spontaneous boycott action in May when shoppers where urged to avoid major supermarket chains in protest of rising food prices.
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Statisticians expect an overall drop in prices in Lithuania in July, with monthly deflation of 0.5%. Statistics Lithuania says that annual inflation of consumer prices in July may stand at 0.3%, while average annual inflation […]
Members of parliament Naglis Puteikis, Kristupas Krivickas and former Seimas Anti-corruption Commission chairman Ligitas Kernagis are reportedly suing the Lithuanian government and Prime Minister Algirdas Butkevičius for failing to check price rises after the introdiction […]
The combined annual inflation in Lithuania in April was one of the highest among the 28 European Union countries and only lower than in Sweden and Belgium, Eurostat data released on Wednesday shows. “The rate […]
A three-day boycott campaign in protest of retailers raising food praises have been a partial success, organizers say. Lithuania’s major supermarket chains say they served between 3% and 5% fewer shoppers during the boycott. […]
Prices of services in Lithuania rose 4.7% over the last year, according to a report by the country’s statistics agency. […]
Food prices in Lithuanian supermarkets have grown because retailers have increased their margins, according to Prime Minister Algirdas Butkevičius. […]
Lithuania’s consumer price index rose 1.1% in March mirroring rises across the eurozone, up 1.2%, and the EU (up 1%), according to the latest figures from Eurostat. In March, Portugal (2.2%), Italy (2.1% ) and […]
Wage growth and domestic consumption is putting inflationary pressure on prices in Lithuania, economists say. Annual inflation, which stood at 0.9% in February, could reach 2% by the end of the year. […]
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