Lithuania inflation rate for 2023 was 9.12%, a 10.59% decline from 2022.
Lithuania inflation rate for 2022 was 19.71%, a 15.02% increase from 2021.
Lithuania inflation rate for 2021 was 4.68%, a 3.48% increase from 2020.
Lithuania inflation rate for 2020 was 1.20%, a 1.13% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.