Prices of industrial products sold by manufacturers in Lithuania increased by 2.1% in July

In July, the prices of industrial products sold by Lithuanian manufacturers saw a notable increase of 2.1% compared to the previous month. This overall rise was significantly influenced by a substantial 8.6% jump in the prices of refined oil products, even as prices for chemical and chemical products experienced a slight decrease of 1%.

Examining the domestic market, prices for industrial products sold in Lithuania rose by 1.8% over the month. Excluding refined oil products, this figure stands at a more modest 0.5%. Refined oil products were the primary driver, becoming 8.9% more expensive. Conversely, leather and leather products saw the steepest decline, dropping by 5.1%. Food product prices remained relatively stable, though specific items like seasonings and ice cream increased, while prepared meals and sugar decreased.

For products sold outside the Lithuanian market, prices increased by 2.3% monthly. Excluding refined oil products, this increase was 0.4%. Sales within the Eurozone market saw a 0.9% price increase, while sales outside the Eurozone experienced a more significant rise of 3.4%.

Looking at the year-over-year data, from July 2025 to July 2026, the overall prices of industrial products sold by manufacturers increased by 11.5%. Excluding refined oil products, the increase was 4.3%. Within Lithuania, prices rose by 12.9% annually (7.5% excluding refined oil products), and for products sold internationally, prices increased by 10.4% (1.6% excluding refined oil products). Sales in the Eurozone market grew by 10.2% year-on-year, while sales outside the Eurozone saw a 10.5% increase.