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. […]

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Economy

Most Lithuanians feel price hikes after euro adoption

As many as 65 percent of Lithuanians, most of them younger people (aged 15-34 years), say they are already used to changes after the euro adoption, the latest survey for September has shown. However, compared to February’s survey, considerably more respondents believe that prices of goods and services have gone up after the introduction of the new currency. […]

Economy

Consumer prices fell by 1.5 percent in January

In January the prices of consumer goods and services declined by 1.5% in annual terms and by 1.3% in monthly terms. This was the biggest annual deflation since 2003. Average annual inflation was at 0%. […]

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Economy

Zero inflation predicted for Lithuania in January

Statistics Lithuania forecasts that monthly deflation measured by the Harmonised Index of Consumer Prices (HICP) is likely to be zero in January and amount to 0.0 percent, compared to December 2014. […]

European Union

EC downgrades EU’s GDP growth expectations

In its autumn forecast the European Commission has reduced economic growth expectations both for the European Union and the euro area in 2014 and 2015. Slow recovery with very low inflation is expected. […]