Lithuania: inflation hits 20%

Annual inflation in Lithuania reached 20.5% in June, according to preliminary estimates by Statistics Lithuania. Inflation was mainly influenced by an increase in the prices of foodstuffs and non-alcoholic beverages, housing, water, electricity, gas and other fuels, transportation. The preliminary monthly change in consumer prices was 2.2% in June compared with May. The indicators are…

Poland: inflation likely to go up

Inflation in Poland is expected to continue to rise, the Polish government spokesman has said. Poland is battling one of the highest inflation rates the country has seen in years. According to the Central Statistical Office, prices of consumer goods and services (Consumer Price Index, CPI) increased by 13.9% YoY and by 1.7% MoM in…