Inflation Lithuania 2003
Average inflation: -1.1%
Current Inflation
There is deflation with consumer prices declining by 1.1%.
Peak and Trough
The highest inflation was in June at -0.4%. The lowest inflation was in January at -2.0%.
- Highest month
- June: -0.4%
- Lowest month
- January: -2.0%
- Difference
- 1.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Health with an average of 4.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of -3.6%.
- Highest increase
- Health: 4.2%
- Lowest increase
- Food and non-alcoholic beverages: -3.6%
Historical Context
Current inflation is 1.6% lower than the 5-year average of 0.5%.
- 5-year average
- 0.5%
- 10-year average
- 16.4%
- All-time high (1992)
- 942.5%
- All-time low (2003)
- -1.1%
Trend
Inflation shows a downward trend. Compared to 2002, inflation has fallen by +1.4 percentage point.
- Change vs. previous year
- -1.4 percentage points
- Largest monthly swing
- January: -5.3 percentage points
ECB Target
Inflation is 3.1% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €98.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | -2.0% | -5.3 |
| February | -2.0% | -4.9 |
| March | -1.1% | -2.7 |
| April | -1.0% | -2.4 |
| May | -0.8% | -1.2 |
| June | -0.4% | 0.0 |
| July | -0.9% | -1.0 |
| August | -1.0% | +0.1 |
| September | -0.8% | +0.7 |
| October | -1.3% | -0.2 |
| November | -1.0% | 0.0 |
| December | -1.3% | -0.3 |
| Average | -1.1% |
Data source
Data from OECD. Last updated: 11/01/2026.