Europe > Northern Europe > Lithuania > Lithuania Inflation Accelerates Slightly In March

Lithuania: Lithuania Inflation Accelerates Slightly In March

2017/04/10

Lithuania's consumer price inflation accelerated for the sixth successive month in March, though marginally, figures from the Department of Statistics showed Monday.

The consumer price index rose 3.1 % year-over-year in March, just above the 3.0 % climb in February. The measure has been rising since January 2016.

Transport costs grew 6.6 % annually in March and prices of food and non-alcoholic beverages went up by 2.9 %. Meanwhile, clothing and footwear prices registered a decline of 1.1 %.

On a monthly basis, consumer prices increased 1.1 % from February, at the same time as it edged up by 0.3 %.

Related Articles
  • UNWTO: International tourism – strongest half-year results since 2010

    2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
  • US LNG exports make European market more competitive

    2017/08/27 The European gas market is becoming additional and additional competitive and US exports of liquefied natural gas (LNG) are part of this landscape, Francis Perrin, energy expert, chairman of Energy Strategies and Policies (France) told Trend. “Energy is always a strategic business. Economic aspects are very significant of course, particularly the price of LNG, but nations as well take into account strategic issues. For some Central and Eastern European nations one of the key priorities of their energy policies is the diversification of their supplies, in particular gas imports, in order to reduce their dependence on Russia,” said the expert.
  • Migration drives EU population up, Luxembourg, Sweden, Malta register large growth in 2016

    2017/07/11 Eurostat on Monday said in a press release that the people of the European Union (EU) was estimated at 511.8 million on January 1, 2017 due to net migration. According to Eurostat, the statistical office of the EU, during the year of 2016, 18 EU members witnessed people increases, while 10 members witnessed people decreases. The major increase was recorded in Luxembourg which was 19.8 per 1,000 residents, according to the data. Sweden's 14.5 per 1,000 residents and Malta's 13.8 per 1,000 residents ranked the second and the third.
  • Higher earning Why a university degree is worth more in some countries than others

    2016/12/11 A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree. The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.