Inflation Lithuania 2021

Average inflation: 4.7%

Current Inflation

Inflation is high at 4.7%, well above the ECB target.

Peak and Trough

The highest inflation was in December at 10.6%. The lowest inflation was in January at 0.3%.

Highest month
December: 10.6%
Lowest month
January: 0.3%
Difference
10.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Transport with an average of 9.5%. The lowest price increase was in Clothing and footwear with an average of 1.3%.

Highest increase
Transport: 9.5%
Lowest increase
Clothing and footwear: 1.3%

Historical Context

Current inflation is 1.8% higher than the 5-year average of 2.9%.

5-year average
2.9%
10-year average
1.9%
All-time high (2008)
11%
All-time low (2003)
-1.1%

Trend

Inflation shows an upward trend. Compared to 2020, inflation has risen by +3.5 percentage point.

Change vs. previous year
+3.5 percentage points
Largest monthly swing
December: +10.4 percentage points

ECB Target

Inflation is 2.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €104.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2021

Inflation by category

Food and non-alcoholic beverages
2.8%
-1.9vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.0%
-2.7vs avg.
More details →
Clothing and footwear
1.3%
-3.4vs avg.
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Housing, water, electricity, gas and other fuels
8.1%
+3.4vs avg.
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Furnishings, household equipment and maintenance
4.1%
-0.6vs avg.
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Health
5.1%
+0.4vs avg.
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Transport
9.5%
+4.8vs avg.
More details →
Communication
2.3%
-2.4vs avg.
More details →
Recreation and culture
4.4%
-0.3vs avg.
More details →
Education
5.8%
+1.1vs avg.
More details →
Restaurants and hotels
4.9%
+0.2vs avg.
More details →
Miscellaneous goods and services
3.9%
-0.8vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2020
January 0.3% -2.7
February 0.6% -2.2
March 1.6% -0.2
April 2.5% +1.5
May 3.6% +3.3
June 3.6% +2.6
July 4.7% +3.7
August 5.3% +4.0
September 6.3% +5.6
October 8.0% +7.3
November 9.2% +8.6
December 10.6% +10.4
Average 4.7%

Data source

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

See also