Lithuania Inflation At 3-1/2-Year High

Lithuania’s consumer price inflation rose to the highest level in three- and-a-half years in May, figures from the statistical office showed on Tuesday.

The consumer price index rose 3.6 percent year-on-year in May, following a 2.5 percent increase in April.

The latest inflation was the highest since January 2018, when it was 4.0 percent.

Transport cost grew 10.5 percent yearly in May, and [health][1] care cost gained by 6.2 percent.

Prices for education, and recreation and culture gained by 5.7 percent and 4.4 percent, respectively.

On a monthly basis, consumer prices grew 0.6 percent in May, after a 0.9 percent rise in the prior month.

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