Inflation Lithuania 2022
Average inflation: 19.6%
Current Inflation
Inflation is very high at 19.6%, far above the ECB target.
Peak and Trough
The highest inflation was in September at 24.1%. The lowest inflation was in January at 12.4%.
- Highest month
- September: 24.1%
- Lowest month
- January: 12.4%
- Difference
- 11.7 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 48.7%. The lowest price increase was in Clothing and footwear with an average of 3.5%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 48.7%
- Lowest increase
- Clothing and footwear: 3.5%
Historical Context
Current inflation is 13.5% higher than the 5-year average of 6.1%. This approaches the highest level since records began (19.6% in 2022).
- 5-year average
- 6.1%
- 10-year average
- 3.5%
- All-time high (2022)
- 19.6%
- All-time low (2003)
- -1.1%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +14.9 percentage point.
- Change vs. previous year
- +14.9 percentage points
- Largest monthly swing
- September: +17.8 percentage points
ECB Target
Inflation is 17.6% 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 €119.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 12.4% | +12.1 |
| February | 14.2% | +13.6 |
| March | 15.7% | +14.1 |
| April | 16.8% | +14.3 |
| May | 18.9% | +15.3 |
| June | 21.0% | +17.4 |
| July | 21.6% | +16.9 |
| August | 22.4% | +17.1 |
| September | 24.1% | +17.8 |
| October | 23.6% | +15.6 |
| November | 22.9% | +13.7 |
| December | 21.7% | +11.1 |
| Average | 19.6% |
Data source
Data from OECD. Last updated: 11/01/2026.