Lithuania’s producer prices continued to decline in January, figures from Statistics Lithuania showed on Thursday.

The producer price index decreased 6.3 percent year-on-year in January, following a 7.9 percent declined in December.

Excluding refined petroleum products, producer prices fell 1.4 percent annually in January, same as seen in the preceding month.

Producer prices for products sold on the Lithuanian market decreased by 4.8 percent annually in January. Prices for products sold on the foreign market fell by 7.4 percent from a year ago.

On a month-on-month basis, producer prices rose 1.4 percent in January, after a 1.5 percent increase in the prior month.

The material has been provided by InstaForex Company – www.instaforex.com

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