Plus   Neg

Lithuanian Output Price Inflation Eases In December

Lithuania's producer price inflation eased for the third consecutive month in in December, data released by the Department of Statistics showed Friday.

The producer price index increased 8.5 percent on an annual basis in December, notably slower than the 12.4 percent growth seen in November. Inflation slowed for the third month in a row.

Output prices of mining and quarrying products advanced 9.6 percent year-on-year, while manufacturing prices rose 7.8 percent. Producer prices of goods sold in the domestic market climbed 9.5 percent annually, while prices in the export market grew 7.7 percent.

On a monthly basis, producer prices dropped 0.7 percent in December, reversing the previous month's 0.2 percent increase.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT