Latest reading: Consumer prices rose 0.7% on a year-on-year basis in January, following a 1.3% rise in the previous month....
Inflation in Lithuania
Harmonized consumer price inflation averaged 3.9% in the ten years to 2024. The 2024 average figure was 0.9%. For more inflation information, visit our dedicated page.
Lithuania Inflation Chart
Note: This chart displays Inflation (HICP, ann. var. %, aop) for Lithuania from 2014 to 2025.
Source: Macrobond.
Lithuania Inflation Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Inflation (HICP, ann. var. %, aop) | 1.1 | 4.6 | 18.9 | 8.7 | 0.9 |
| Inflation (CPI, ann. var. %, eop) | 0.2 | 10.6 | 21.7 | 1.2 | 2.1 |
| Inflation (HICP, ann. var. %, eop) | -0.1 | 10.7 | 20.0 | 1.6 | 1.9 |
| Inflation (PPI, ann. var. %, aop) | -8.9 | 9.5 | 25.9 | -2.2 | -2.4 |
Inflation slows in December from November
Latest reading: Harmonized consumer prices increased 3.2% on a year-on-year basis in December, following a 3.6% increase in the previous month. Relative to the prior month's data, there were milder price pressures for food and non-alcoholic beverages (+4.2% in annual terms vs +4.5% in November), transportation (+0.3% vs +2.0% in November), housing and utilities (+1.5% vs +2.2% in November) and recreation (+3.8% vs +4.1% in November). Finally, the variation in restaurants and hotels prices was the same as in the prior month (+6.2% in December and November). Meanwhile, consumer prices rose 3.4% in annual terms in December, following a 3.8% increase in the prior month. Lastly, harmonized consumer prices were down 0.18% in December in month-on-month terms, following a 0.38% increase in the previous month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Lithuanian inflation projections for the next ten years from a panel of 13 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Lithuanian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Lithuanian inflation projections.
Want to get access to the full dataset of Lithuanian inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
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Taiwan: Inflation decelerates in January from the prior month -
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Peru: Inflation picks up in January from December Latest reading: Consumer prices in Lima were up 1.7% on a year-on-year basis in January, following a 1.5% increase in...