Inflation Lithuania 1997

Average inflation: 8.9%

Current Inflation

Inflation is very high at 8.9%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 12.7%. The lowest inflation was in April at 7.3%.

Highest month
January: 12.7%
Lowest month
April: 7.3%
Difference
5.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Communication with an average of 29.4%. The lowest price increase was in Miscellaneous goods and services with an average of 3.4%.

Highest increase
Communication: 29.4%
Lowest increase
Miscellaneous goods and services: 3.4%

Historical Context

Current inflation is 127.9% lower than the 5-year average of 136.8%. This approaches the lowest level since records began (8.9% in 1997).

5-year average
136.8%
10-year average
271.1%
All-time high (1992)
942.5%
All-time low (1997)
8.9%

Trend

Inflation shows a downward trend. Compared to 1996, inflation has fallen by +16.2 percentage point.

Change vs. previous year
-16.2 percentage points
Largest monthly swing
April: -24.1 percentage points

ECB Target

Inflation is 6.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €108.90 next year at this inflation rate.

Multi-year trend

Monthly figures 1997

Inflation by category

Food and non-alcoholic beverages
6.1%
-2.8vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
13.4%
+4.5vs avg.
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Clothing and footwear
7.8%
-1.1vs avg.
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Housing, water, electricity, gas and other fuels
17.1%
+8.2vs avg.
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Furnishings, household equipment and maintenance
4.4%
-4.5vs avg.
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Health
8.0%
-0.9vs avg.
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Transport
12.7%
+3.8vs avg.
More details →
Communication
29.4%
+20.5vs avg.
More details →
Recreation and culture
5.0%
-3.9vs avg.
More details →
Education
17.4%
+8.5vs avg.
More details →
Restaurants and hotels
11.8%
+2.9vs avg.
More details →
Miscellaneous goods and services
3.4%
-5.5vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1996
January 12.7% -19.7
February 10.7% -19.7
March 8.3% -23.3
April 7.3% -24.1
May 7.9% -20.9
June 7.6% -20.5
July 8.7% -16.2
August 8.7% -15.6
September 8.7% -13.6
October 9.0% -9.6
November 8.9% -6.1
December 8.4% -4.7
Average 8.9%

Data source

Data from OECD. Last updated: 11/01/2026.

See also