Lithuania: Inflation slows in January from the prior month
Latest reading: Harmonized consumer prices were up 2.8% on a year-on-year basis in January, following a 3.2% rise in the previous month. January’s reading was the weakest since December 2024.
Relative to the prior month’s data, there were milder price pressures in January for transportation (-1.9% vs +0.3% in December), restaurants and hotels (+6.1% vs +6.2% in December) and recreation (+4.1% vs +5.7% in December). In contrast, price pressures were higher for food and non-alcoholic beverages (+4.8% on a year-on-year basis vs +4.2% in December), and housing and utilities (+2.7% vs +1.5% in December).
Meanwhile, consumer prices increased 3.1% in annual terms in January, following a 3.4% increase in the previous month.
Lastly, harmonized consumer prices were up 1.17% in January in month-on-month terms, following a 0.19% decline in the previous month.