Lithuania's consumer price inflation accelerated further in May to the highest level in more than two-and-a-half years, driven primarily by transport costs, figures from the statistical office showed on Monday.
The consumer price index rose 5.5% year-on-year in May, faster than the 5.3% increase in April. Moreover, this was the highest inflation rate since August 2023, when prices climbed 6.2%.
Transport charges continued to increase sharply by 16.2% from last year amid higher fuel costs. Housing and utility costs grew 8.3%, and health costs were 3.6% higher.
Meanwhile, prices for food and non-alcoholic beverages remained flat, and clothing and footwear prices dropped 0.6%.
On a monthly basis, consumer prices edged down 0.1% May after rising 0.6% in April.
