Analytics, Foodstuff, Inflation, Lithuania, Markets and Companies

International Internet Magazine. Baltic States news & analytics Friday, 29.03.2024, 07:09

The general price dynamics shows that prices in Lithuania either run on the spot or grow in March

Danuta Pavilenene, BC, Vilnius, 14.04.2015.Print version
According to the data of Statistics Lithuania, prices of services and food products have been growing for some unknown reason in March 2015: compared to February, they got more expensive by 1.3%, however, trailers, semi-trailers, steam supply and air conditioning products became cheaper, writes LETA/ELTA, referring to Vakaro zinios.

Not all people and not always are interested in buying trailers and semi-trailers, therefore, they most of all care about food prices: if food is getting cheaper or more expensive.

 

Meanwhile, Vitas Vasiliauskas, Governor of the Bank of Lithuania, just recently rejoiced at the fact that prices did not grow after the euro adoption. Allegedly, it is a myth that the euro brings price hikes. However, we spend more and more euros as prices have been increasing.

 

Statistics Lithuania had observed the changes in prices of 100 basic consumer goods and services in March, compared to February. Only 28 prices remained unchanged, while 35 products got cheaper and 37 – more expensive. Therefore, the general price dynamics shows that prices either run on the spot or grow. In fact, compared to February, none of the services got cheaper.

 






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