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Thursday, 18.04.2024, 06:29
Lithuania's consumer prices edge down 0.3% in July vs June
Renata Paškevičienė Adviser, Price Statistics Division, 30.07.2019.
Print version
Print versionStatistics Lithuania informs that based on non-final data, in July 2019, against July 2018, annual inflation provisional estimate calculated based on the HICP stands at 2.5%.
Fig. 1. Annual inflation calculated based on the HICP and its July provisional estimate
Fig. 2. Monthly price change calculated based on the HICP and its July provisional estimate
Definitions :
Harmonised index of consumer prices — a consumer price index calculated according to the methodology harmonised within the European Union.
HICP inflation — inflation calculated based on the harmonised index of consumer prices (HICP), which is calculated according to a methodology agreed by EU countries and allows the comparison of general price level growth rates among EU countries.
Inflation — a continuous increase in the general price level, resulting in a decrease in the purchasing power of money. Inflation is usually calculated based on a consumer price index and expressed in %.
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