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Financial News: Lithuania HICP Inflation Accelerates For Third Month

Lithuania HICP Inflation Accelerates For Third Month

01/30/2020 - 02:28:00 (RTTNews)

(RTTNews) - Lithuania's EU measure of inflation accelerated for a third straight month in January, flash estimates from the statistical office showed on Thursday.

The harmonized index of consumer prices, or HICP, rose 2.8 percent year-on-year following a 2.7 percent increase in December. Inflation has steadily increased after hitting a low of 1.5 percent in October.

In January 2019, the HICP inflation was 1.6 percent.

On a month-on-month basis, the HICP was unchanged from December, when it rose 0.5 percent. In the same month of 2019, the HICP decreased 0.1 percent.

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