Lithuania’s annual inflation at 18.4% in January

Prices in Lithuania are 18.4-percent higher in January 2023 compared to January 2022, according to estimates by the State Data Agency released on Friday. 

Monthly inflation – price rises in January compared to December – is estimated at 0.6 percent.

The annual inflation rate was mainly driven by the increase in the prices of foodstuffs and non-alcoholic beverages, housing, water, electricity, gas and other fuel goods and services, transportation.

The advance estimate of annual average inflation in January is 19.3 percent.

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