Money
Economy

Annual inflation jumped to 1.7% at the end of 2016

Annual consumer price growth accelerated to 1.7% in December. Higher prices of food products (dairy products, meat), alcoholic drinks (beer), fuels, tobacco products as well as restaurant services contributed the most to annual inflation. […]

Supermarkets during the boycott
Economy

Supermarket boycott ‘partial success’, organizers say

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. […]

Economy

Retailer markups not euro to blame for price hikes – Lithuanian PM

Food prices in Lithuanian supermarkets have grown because retailers have increased their margins, according to Prime Minister Algirdas Butkevičius. […]

Economy

Prices continue to fall in December

Lithuania’s average monthly inflation, calculated based on the harmonised index of consumer prices (HICP), is projected to be negative and stand at minus 0.2%, compared with prices recorded in November. […]