Bloomberg News

Lithuanian Inflation Rate Remains Unchanged in June

July 10, 2012

(Corrects monthly figure in second paragraph.)

Lithuanian inflation remained unchanged in June at the lowest level in 21 months.

Consumer prices rose 2.5 percent in June, the statistics office in the capital, Vilnius, said today in an e-mailed statement. Prices fell 0.1 percent from the previous month.

Slowing inflation is helping shore up the Baltic nation’s domestic consumption and economic expansion, which slowed to 3.9 percent in the first quarter. Improving inflation expectations helped raise consumer sentiment to the highest in 11 month in June.

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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