TITLE

Inflation Risks Remain Muted

PUB. DATE
June 2011
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Jun2011, Vol. 18 Issue 6, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article focuses on the inflation outlook in Lithuania for 2011. It says that average consumer price inflation (CPI) will be unchaged at 3.2% and will continue to lose inflationary pressure by 2.5% at the end of the year. It states several factors in supporting inflation forecast such as lower food prices and monetary tightening by the European Central Bank (ECB) by raising the refinancing rate at 1.255. Moreover, gross domestic product (GDP) will slow at 1.0%.
ACCESSION #
60526027

 

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