Inflation Lithuania 2008
Average inflation: 11.0%
Current Inflation
Inflation is very high at 11.0%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 12.5%. The lowest inflation was in December at 8.5%.
- Highest month
- June: 12.5%
- Lowest month
- December: 8.5%
- Difference
- 4.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 19.2%. The lowest price increase was in Clothing and footwear with an average of -4.0%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 19.2%
- Lowest increase
- Clothing and footwear: -4.0%
Historical Context
Current inflation is 6.1% higher than the 5-year average of 4.9%.
- 5-year average
- 4.9%
- 10-year average
- 2.7%
- All-time high (1992)
- 942.5%
- All-time low (2003)
- -1.1%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +5.3 percentage point.
- Change vs. previous year
- +5.3 percentage points
- Largest monthly swing
- June: +7.7 percentage points
ECB Target
Inflation is 9.0% 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 €111.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 9.9% | +5.9 |
| February | 10.8% | +6.5 |
| March | 11.3% | +6.7 |
| April | 11.7% | +6.9 |
| May | 12.0% | +7.2 |
| June | 12.5% | +7.7 |
| July | 12.2% | +7.1 |
| August | 12.0% | +6.5 |
| September | 11.0% | +3.9 |
| October | 10.5% | +2.9 |
| November | 9.1% | +1.3 |
| December | 8.5% | +0.4 |
| Average | 11.0% |
Data source
Data from OECD. Last updated: 11/01/2026.