Inflation Lithuania 2004

Average inflation: 1.2%

Current Inflation

Inflation is low at 1.2%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in September at 3.2%. The lowest inflation was in January at -1.3%.

Highest month
September: 3.2%
Lowest month
January: -1.3%
Difference
4.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Health with an average of 8.4%. The lowest price increase was in Communication with an average of -10.4%.

Highest increase
Health: 8.4%
Lowest increase
Communication: -10.4%

Historical Context

Current inflation is 0.6% higher than the 5-year average of 0.6%.

5-year average
0.6%
10-year average
8.3%
All-time high (1992)
942.5%
All-time low (2003)
-1.1%

Trend

Inflation has remained relatively stable. Compared to 2003, the difference is minimal (+2.3 percentage point).

Change vs. previous year
+2.3 percentage points
Largest monthly swing
October: +4.5 percentage points

ECB Target

Inflation is 0.8% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2004

Inflation by category

Food and non-alcoholic beverages
2.3%
+1.1vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
3.1%
+1.9vs avg.
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Clothing and footwear
-0.9%
-2.1vs avg.
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Housing, water, electricity, gas and other fuels
0.6%
-0.6vs avg.
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Furnishings, household equipment and maintenance
-3.2%
-4.4vs avg.
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Health
8.4%
+7.2vs avg.
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Transport
4.9%
+3.7vs avg.
More details →
Communication
-10.4%
-11.6vs avg.
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Recreation and culture
-2.7%
-3.9vs avg.
More details →
Education
0.7%
-0.5vs avg.
More details →
Restaurants and hotels
1.7%
+0.5vs avg.
More details →
Miscellaneous goods and services
3.9%
+2.7vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2003
January -1.3% +0.7
February -1.3% +0.7
March -1.0% +0.1
April -0.6% +0.4
May 1.0% +1.8
June 1.1% +1.5
July 1.9% +2.8
August 2.2% +3.2
September 3.2% +4.0
October 3.2% +4.5
November 3.0% +4.0
December 2.9% +4.2
Average 1.2%

Data source

Data from OECD. Last updated: 13/01/2026.

See also