Lithuania's consumer price inflation accelerated further in May to the highest level in more than two-and-a-half years, driven primarily by transport costs, figures from the statistical office showed on Monday.
The consumer price index rose 5.5 percent year-on-year in May, faster than the 5.3 percent increase in April. Moreover, this was the highest inflation rate since August 2023, when prices climbed 6.2 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.