Inflation Risks Remain Muted

June 2011
Emerging Europe Monitor: Central Europe & Baltic States;Jun2011, Vol. 18 Issue 6, p1
Country Report
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%.


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