Lithuanian November Inflation Slowest in Four Months on Energy

Lithuanian inflation unexpectedly slowed in November as the cost of transport and energy fell.

The inflation rate dropped to 2.8 percent, the lowest in four months, from 3.1 percent in October, the statistics office in the capital, Vilnius, said in an e-mailed statement today. A Bloomberg survey of three economists had forecast an increase of 3.1 percent. Prices decreased 0.2 percent on the month.

To contact the reporter on this story: Aaron Eglitis in Riga at aeglitis@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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