DistantNews
Support us
Lithuania recorded the euro zone’s highest price growth in August

Lithuania recorded the euro zone’s highest price growth in August

From Delfi · () Lithuanian

Translated from Lithuanian and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire Documents & data Context piece
  • Consumer prices in Lithuania rose 5.8% year on year in August, the highest rate among euro-using countries.
  • The annual rate increased by 0.4 percentage points from July, while prices rose 0.1% during the month.
  • Euro zone prices increased 3.3% year on year, with energy costs contributing substantially to the overall rise.

Lithuania recorded the euro zone’s fastest annual price growth in August, with prices rising 5.8% from a year earlier, according to Eurostat data.

The rate stood 0.4 percentage points above July’s figure. Prices in Lithuania increased 0.1% during August itself.

Cyprus, Bulgaria, Spain and Belgium followed Lithuania with the next-highest rates. Prices rose more slowly in Latvia and Estonia, where Estonia recorded the lowest rate in the euro zone.

Across the euro zone, prices increased 3.3% year on year. Rising energy costs had a major influence on the overall increase.

About this summary

Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.