Bloomberg News

Lithuanian Inflation Slows, Lowest Rate in 10 Months in December

January 09, 2012

Jan. 9 (Bloomberg) -- Lithuanian inflation slowed in December to the lowest rate in 10 months as prices of clothing and communications fell.

Consumer prices rose 3.4 percent from a year earlier, compared with a 4.4 percent increase in November, the Vilnius- based statistics office said in an e-mailed statement today. Prices fell 0.2 percent from the previous month.

Clothing and shoe prices dropped 2.5 percent in December from the previous year, while communications costs decreased 2.2 percent, the office said.

Average inflation for 2011 was 4.1 percent, it said.

--Editor: Alan Crosby

To contact the reporter on this story: Milda Seputyte in Vilnius at mseputyte@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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