Lithuania’s annual inflation reached 6.1% in August

Lithuania’s annual inflation rate reached 6.1% in August, while prices fell 0.1% compared with July, according to the figures reported by Delfi.

Consumer goods became 5.7% more expensive over the year, while services prices rose 6.8%. The largest upward contributions to annual inflation came from heat energy, petrol, diesel, personal vehicle inspection and repair, wood fuel including pellets and briquettes, and electricity.

Prices also fell for bread and baked goods, meat and meat products, and used cars. On a monthly basis, the decline in prices was driven mainly by lower prices for bread and baked goods, meat, women’s and girls’ clothing, household cleaning and maintenance products, yogurt and similar products, men’s footwear, tubers, butter and other milk fats, oil, fresh or chilled vegetables, soft drinks, air passenger transport and beer.

Some costs increased during the month, including diesel, wood fuel, petrol, heat energy, other personal-care appliances, and outpatient medical and rehabilitation services.

Prices of consumer goods and services administered by state and municipal institutions rose 11% over the year and 0.3% over the month. Market prices increased 5.3% annually but fell 0.2% from July.