Inflation Lithuania 1998
Average inflation: 5.1%
Current Inflation
Inflation is very high at 5.1%, far above the ECB target.
Peak and Trough
The highest inflation was in April at 6.9%. The lowest inflation was in December at 2.4%.
- Highest month
- April: 6.9%
- Lowest month
- December: 2.4%
- Difference
- 4.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Communication with an average of 31.4%. The lowest price increase was in Food and non-alcoholic beverages with an average of -0.2%.
- Highest increase
- Communication: 31.4%
- Lowest increase
- Food and non-alcoholic beverages: -0.2%
Historical Context
Current inflation is 27.3% lower than the 5-year average of 32.4%. This approaches the lowest level since records began (5.1% in 1998).
- 5-year average
- 32.4%
- 10-year average
- 233.1%
- All-time high (1992)
- 942.5%
- All-time low (1998)
- 5.1%
Trend
Inflation shows a downward trend. Compared to 1997, inflation has fallen by +3.8 percentage point.
- Change vs. previous year
- -3.8 percentage points
- Largest monthly swing
- November: -6.2 percentage points
ECB Target
Inflation is 3.1% 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 €105.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1998
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1997 |
|---|---|---|
| January | 6.5% | -6.2 |
| February | 6.4% | -4.3 |
| March | 6.7% | -1.6 |
| April | 6.9% | -0.4 |
| May | 6.7% | -1.2 |
| June | 6.0% | -1.6 |
| July | 5.1% | -3.6 |
| August | 4.4% | -4.3 |
| September | 3.7% | -5.0 |
| October | 3.7% | -5.3 |
| November | 2.7% | -6.2 |
| December | 2.4% | -6.0 |
| Average | 5.1% |
Data source
Data from OECD. Last updated: 11/01/2026.