Statistical yearbook of Lithuania (edition 2019)
Prices
Information of the chapter will be supplemented
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- Consumer price indices
- House price indices
- Producer price indices for industrial production
- Export and import price indices
- Construction input price indices
- Service producer price index
- Agricultural prices and price indices
Consumer price indices
Statistics Lithuania annually revises and updates the weighting system used for the CPI calculation. The CPI weighting system for the year 2018 is based on household monetary consumption expenditure data from the statistical household budget survey 2012 (weight base period), the most recent statistics from other domains, and statistical information obtained from other institutions and enterprises.
The price base period was December 2017, i.e. the prices of each month of the year 2018 were compared with the prices of this period. According to the Laspeyres formula, weight and price base periods have to be consistent. Therefore, applying respective price indices, data on household monetary consumption expenditure were recalculated and evaluated using December 2017 prices. Based on the said sources, a weighting system for the 2018 CPI calculation was drawn up.
In 2018, compared to 2017, major structural changes in the weighting system were observed in the following COICOP divisions: miscellaneous goods and services, food products and non-alcoholic beverages, services of hotels, restaurants and cafés, transport goods and services. The relative share (weight) of expenditure on food products and non‑alcoholic beverages decreased by 0.5 percentage points. The relative share (weight) of expenditure on miscellaneous goods and services increased by 0.6 percentage points, transport goods and services and services of hotels, restaurants and cafés – by 0.4 percentage points respectively.
In 2018, 932 representative consumer goods and services (742 goods and 190 services) were selected for the CPI calculation. The “statistical basket” of representative goods and services is annually updated taking into account changes on the consumer market. In 2018, statistical data on prices for consumer goods and services in 18 territorial units, covering 4 300 selected trade and service enterprises and local units, were collected on a monthly basis.
Price of the basket |
Average monthly retail prices for the main consumer goods and services |
|
|
The latest and detailed data are available in the Database of Indicators
In 2018, against 2017, prices for consumer goods and services increased by 2.7 per cent. Over the said period, consumer goods went up in price by 2.1, services – 4.4 per cent. The average annual change in prices for consumer goods and services was mainly conditioned by an increase in prices for services of hotels, cafés and restaurants, transport goods and services, housing, water, electricity, gas and other fuels, alcoholic beverages and tobacco products, miscellaneous goods and services, food products and non-alcoholic services, as well as by a decrease in prices for communication goods and services.
Prices for services of hotels, cafés and restaurants grew by 6.4 per cent. In the said group, the largest increase in prices was observed for catering in canteens (6.8 per cent), restaurants and cafés (6.7 per cent) as well as for accommodation services (3 per cent).
Prices for transport goods and services increased by 5.2 per cent. The largest impact on the price change in this group was made by an 8.6 per cent increase in fuel prices: diesel fuel went up in price by 12.3, petrol – 7.7, liquefied gas for cars – 4.5 per cent. Personal vehicle maintenance and repair services went up in price by 8.4, passenger transport by road – 3.2 per cent, while services of driving schools went down in price by 4, passenger transport by air – 1.9 per cent.
Prices for housing, water, electricity, gas and other fuels grew by 4.1 per cent. Over the said period, the largest increase in prices was observed for solid fuel – 23 per cent; liquid fuel went up in price by 15.7, dwelling maintenance and repair – 7.5, rentals paid by tenants – 5.8 per cent. Electricity went down in price by 1 per cent.
Alcoholic beverages and tobacco products went up in price by 3.5 per cent. Tobacco products went up in price by 7.6, beer – 4.7, wine and wine products – 2.2, spirits – 0.4 per cent.
In 2018, against 2017, prices for food products and non-alcoholic beverages increased by 1.4 per cent. The increase was conditioned by an increase in prices for butter and butter products – 19.1, edible offal – 8, milk products – 8, vegetables – 3.2 per cent (among milk products, the largest price growth was recorded for sour cream – 11.7, yogurt – 4.7, kephir and soured milk – 4.1 per cent; among vegetables, the largest price growth was recorded for carrots – 77.5, onions – 33.5, beetroot – 15.1, cabbage – 14.2 per cent), as well as by a decrease in prices for sugar – 16.4, coffee – 4.1, fruit – 3.1 per cent.
Communication goods and services went down in price by 1.1 per cent. In the said group, the price change was influenced by a decrease in prices for telephone equipment (6.1 per cent) and mobile phone connection services (1.5 per cent). The Internet access supply services went up in price by 0.8 per cent.
In 2018, against 2017, prices regulated by State and municipal authorities increased by 0.1, market prices – 3.1 per cent.
Average annual rates of change in consumer prices
Compared to the previous year, growth, drop (–), per cent
|
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
---|---|---|---|---|---|---|---|---|---|
Consumer goods and services |
1.3 |
4.1 |
3.1 |
1.0 |
0.1 |
–0.9 |
0.9 |
3.7 |
2.7 |
Food and non-alcoholic beverages |
–0.5 |
8.3 |
3.0 |
1.7 |
0.8 |
–0.9 |
1.2 |
3.6 |
1.4 |
Alcoholic beverages and tobacco |
11.1 |
1.0 |
3.6 |
2.9 |
3.7 |
2.0 |
3.8 |
10.7 |
3.5 |
Clothing and footwear |
–5.8 |
–1.2 |
0.9 |
1.1 |
–0.2 |
0.6 |
1.3 |
0.7 |
0.1 |
Housing, water, electricity, gas and other fuels |
4.7 |
8.3 |
6.2 |
0.5 |
–0.9 |
–4.8 |
–2.0 |
1.1 |
4.1 |
Furnishings, household equipment and routine maintenance of the house |
–2.9 |
–0.2 |
1.5 |
1.1 |
–0.2 |
1.3 |
0.9 |
1.3 |
0.5 |
Health care |
1.2 |
0.8 |
2.1 |
1.8 |
1.3 |
3.0 |
2.9 |
1.1 |
1.7 |
Transport |
5.9 |
8.1 |
4.1 |
–0.8 |
–2.0 |
–7.1 |
–3.8 |
5.1 |
5.2 |
Communications |
–5.0 |
–3.1 |
–2.0 |
–4.6 |
–6.3 |
0.3 |
–3.8 |
–0.6 |
–1.1 |
Recreation and culture |
–2.1 |
–1.5 |
0.8 |
1.1 |
0.4 |
2.9 |
5.5 |
3.0 |
2.7 |
Education |
7.7 |
0.5 |
3.1 |
3.6 |
1.1 |
2.3 |
3.6 |
2.4 |
3.0 |
Hotels, cafés and restaurants |
–0.7 |
2.1 |
3.7 |
2.5 |
2.9 |
4.7 |
5.7 |
7.6 |
6.4 |
Miscellaneous goods and services |
0.4 |
0.8 |
3.5 |
1.8 |
0.9 |
2.3 |
2.2 |
5.1 |
2.7 |
The latest and detailed data are available in the Database of Indicators
Average annual inflation
Compared to the previous year, growth, drop (–)
The latest and detailed data are available in the Database of Indicators
House price indices
For the preparation of the HPI weighting system for 2018, the 2017 data of the Real Property Register database and the Transactions database of the State Enterprise Centre of Registers were used (the OOHPI – 2016). For the preparation of the OOHPI weighting system, the national accounts data on gross fixed capital formation for new dwellings and dwelling owners’ expenditure on insurance, as well as estimate documentation on residential buildings prepared by an expert were also used. According to the Laspeyres formula, weight and price base periods have to be consistent. Therefore, applying respective price indices, the said expenditure was estimated at the prices of the fourth quarter of 2017 (price base period), and weighting systems for the calculation of the HPI and OOHPI for the year 2018 were prepared.
HPIs and OOHPIs are calculated based on the index base period 2015.
In 2018, compared to 2017, an overall increase of 7.3 per cent in dwelling prices was recorded. Prices for new dwellings grew by 7.8 per cent: in one- and two-dwelling houses – 12.7, in blocks of flats – by 6.3 per cent. Prices for existing dwellings grew by 7.1 per cent: in one- and two-dwelling houses – 10.3, in blocks of flats – by 6.1 per cent.
In 2018, compared to 2017, the growth in owner-occupied housing input prices, calculated based on the OOHPI, stood at 4.6 per cent.
Average annual rates of change in house prices
Compared to the previous year, growth, drop (–)
The latest and detailed data are available in the Database of Indicators
More:
Owner-occupied housing input price indices
Producer price indices for industrial production
In 2018, weights used in price index calculation were compiled based on statistical data on industrial production sold for 2017. The price base period was December 2017, i.e. prices of each month of 2018 were compared with the prices of this period. According to the Laspeyres formula, weight and price base periods have to be consistent. Therefore, applying respective producer price indices, data on sales for 2016 have been updated to December 2017. Base prices and weights are updated annually.
PPIs are calculated based on the index base period, which is the year 2015.
In 2018, about 1 979 individual selling prices were reported, on a monthly basis, by 763 industrial enterprises sampled.
In 2018, against 2017, producer prices for total industrial production sold increase by 5.6 per cent. The largest increase in prices was observed for the extraction of crude petroleum (30.3 per cent), production of refined petroleum products (18.6 per cent), while the largest decrease – manufacture of basic pharmaceutical products and pharmaceutical preparations (9.8 per cent). Refined petroleum products excluded, producer prices for total industrial production sold increased by 2.3 per cent.
Average annual rates of change in producer prices for industrial production
Compared to the previous year, growth, drop (–)
The latest and detailed data are available in the Database of Indicators
Producer price indices for industrial production
Export and import price indices
Currently Statistics Lithuania calculates price indices only for exported and imported goods. Exported goods are estimated at FOB (free on board) prices, i.e. the price of a product including transportation and insurance costs incurred within the territory of the Republic of Lithuania. Imported goods are estimated at CIF (cost, insurance, freight) prices, which include the value of goods together with transportation, loading, insurance and other costs related to the transportation of goods to the territory of the Republic of Lithuania. Export and import prices are provided by the enterprises sampled excluding VAT, excise duties and other taxes.
The Laspeyres formula is used to calculate the EPI and IPI, i.e. fixed base weights are used. In 2018, the base period of weights and prices for price index calculation was 2017. Base prices and weights are updated annually. The index base period for the EPI and IPI calculation is the year 2015.
In 2018, for the EPI calculation, 387 enterprises were providing export prices for 781 items on a monthly basis. For the IPI calculation, 1 017 enterprises were providing import prices for 3 284 items.
In 2018, against 2017, prices for exported goods increased by 3.7, those for imported goods – 4.7 per cent. As for exported goods, the largest increase in prices was observed for crude petroleum – 26.6, refined petroleum products – 18.2, tobacco products – 14.5 per cent, while decrease – basic pharmaceutical products and pharmaceutical preparations – 14.2, computer, electronic and optical products – 3.6, textiles – 2 per cent. As for imported goods, the largest increase in prices was observed for crude petroleum and natural gas – 28, electricity – 27, coke and refined petroleum products – 6.8 per cent, while decrease – waste collection, treatment and disposal products – 6.4, other mining and quarrying products – 5.8, basic pharmaceutical products and pharmaceutical preparations –3.8 per cent.
Average annual rates of change in export and import prices
Compared to the previous year, growth, drop (–)
The latest and detailed data are available in the Database of Indicators
More:
Export price indices by economic activity
Import price indices by economic activity
Construction input price indices
For the calculation of price indices for 2018, the price base period was December 2017, i.e. the prices of each month of 2018 were compared with the prices of this period. According to the Laspeyres formula used for the CIPI compilation, weight and price base periods have to be consistent. Therefore, applying respective price indices, statistical data on the volume of input components for 2015 were updated to December 2017 and a new weighting system was developed for CIPI calculation in 2018.
The CIPI weighting system for 2018 covered 24 representative different-purpose structures: 6 residential buildings, 3 office, 3 industrial and 3 trade buildings, 3 types of engineering systems (except for wastewater pipelines), 3 wastewater pipelines, a segment of the street, a segment of the state and local road. The renovation price index is compiled separately; to calculate this index, 6 buildings were selected.
In 2018, 192 construction and 85 trade enterprises, representing the present network of enterprises engaged in trade in building materials and products, had been selected for the statistical price survey. Each month about 3 700 prices were reported.
CIPIs are calculated based on the index base period, which is the year 2015.
In 2018, compared to 2017, construction input prices increased by 2.9 per cent. The largest price rise – 3.5 per cent – was observed for the construction of residential buildings. Prices for non-residential buildings increased by 3, civil engineering structures – 2.6 per cent. The change in construction input prices was mainly determined by a 7.3 per cent increase in wages and salaries, 1.4 per cent – in construction materials and products, 1 per cent – hourly costs of the operation of construction machines and mechanisms.
Average annual rates of change in construction input prices
Compared to the previous year, growth, drop (–)
The latest and detailed data are available in the Database of Indicators
More:
Construction input price indices by type of structure
Construction input price indices by main construction input group
Service producer price index
In 2018, for the compilation of a weighting system, statistical information on the sales of services in 2017 (weight base period) in value terms (VAT excluded) was used. In the calculation of SPPIs for 2017, the price base period was IV quarter 2017, i.e. prices of each quarter of 2018 were compared with this period’s prices. According to the Laspeyres formula, weight and price base periods have to be consistent. Therefore, applying respective service price indices, data on sales for 2017 have been updated to IV quarter 2017. The index base period is the year 2015.
In 2018, 1 689 service enterprises were selected for the statistical price survey, which quarterly provided data on about 8 100 prices (VAT excluded).
In 2018, compared to 2017, the largest – 15 per cent – price rise was observed for air transport services; prices for sea and coastal water transport increased by 13, postal activities under universal service obligation activities – 8.3 per cent. Transport via pipelines went down in price by 22, legal activities – 9.3, security and investigation activities – 7 per cent.
Service producer price indices
Agricultural prices and price indices
To calculate the index of producer prices of agricultural products (IPPAP), the main agricultural products have been selected: cereals by species, rapeseed, sugar beet, potatoes, vegetables by species, fruit by species, animals by species, milk and eggs. To calculate the price index for goods and services consumed in agriculture, the main groups of goods and services have been selected: petroleum products, electricity, chemical plant protection products, mineral fertilisers, feedstuffs, seeds, etc.; to calculate the price index for goods contributing to agricultural investment – agricultural machinery, transport equipment, agricultural buildings and structures.
Data for the IPPAP calculation are obtained from manufacturing and wholesale trade enterprises, purchasing agricultural products from Lithuanian producers. The quantities and value (excluding VAT) of the agricultural products purchased are recorded.
Information for the calculation of the price index for goods and services consumed in agriculture is obtained from the agricultural companies and enterprises sampled in all municipalities. Information for the calculation of the price index for goods contributing to agricultural investment is based on the surveys carried out by the Industry, Construction and Investment, and Foreign Trade Statistics divisions of Statistics Lithuania. The quantities and value (excluding VAT) of goods consumed in agriculture and goods contributing to agricultural investment are recorded.
To calculate the API, the Laspeyres formula is used. The Laspeyres index is an index of fixed base weights. At present, the index base period is the year 2015, i.e. prices of the reference period are compared with prices of that – base – period.
In 2018, compared to 2017, producer prices for agricultural products increased by 2.5 per cent. This was determined by an increase in producer prices for crop products (by 7 per cent) and a decrease for animals and animal products (by 3.5 per cent).
Changes in producer prices of agricultural products
Compared to the previous year, growth, drop (–)
The latest and detailed data are available in the Database of Indicators
The increase in producer prices for crop production was determined by an increase in prices for vegetables – 19.7 per cent, potatoes – 12.3, cereals – 9.9 per cent. Prices for fruit and berries decreased by 18.8 per cent, rapeseed – 5.6 per cent.
Producer prices of crop products
EUR per tonne
|
2010 |
2015 |
2016 |
2017 |
2018 |
---|---|---|---|---|---|
Cereals |
150 |
155 |
133 |
149 |
170 |
Wheat |
158 |
160 |
133 |
152 |
171 |
Rye |
113 |
114 |
110 |
124 |
141 |
Barley |
129 |
144 |
128 |
138 |
171 |
Oats |
89 |
121 |
122 |
115 |
144 |
Buckwheats |
508 |
415 |
389 |
269 |
189 |
Protein crops |
178 |
198 |
219 |
187 |
185 |
Vegetables |
373 |
367 |
332 |
339 |
436 |
Tomatoes |
823 |
845 |
772 |
839 |
840 |
Cucumbers |
674 |
848 |
891 |
861 |
1 031 |
Carrots |
207 |
230 |
220 |
183 |
284 |
Onion bulbs |
281 |
184 |
192 |
151 |
226 |
Beetroots |
119 |
131 |
129 |
126 |
139 |
White cabbage |
215 |
191 |
178 |
170 |
240 |
Potatoes |
162 |
131 |
153 |
169 |
187 |
Fruit and berries |
178 |
154 |
127 |
239 |
133 |
Apples |
156 |
143 |
119 |
220 |
114 |
Strawberry |
2 835 |
2 671 |
3 730 |
3 809 |
4 323 |
Raspberry |
1 410 |
1 685 |
1 291 |
1 415 |
2 986 |
Blackcurrant |
564 |
221 |
257 |
302 |
327 |
The latest and detailed data are available in the Database of Indicators
The decrease in producer prices for animals and animal products was determined by a decrease in prices for pigs – 11.3 per cent, eggs – 7.3, milk (actual fat content) – 5.1 per cent, while prices for sheep and goats increased by 7.6 per cent, honey – 6.5, cattle – 6.2, poultry – 2.4 per cent.
Producer prices of animals and animal products
EUR per tonne
|
2010 |
2015 |
2016 |
2017 |
2018 |
2019 |
---|---|---|---|---|---|---|
Animals (live weight) |
981 |
1 012 |
971 |
1 130 |
1 194 |
981 |
Cattle |
1 039 |
1 013 |
1 068 |
1 165 |
1 036 |
1 039 |
Pigs |
1 765 |
1 410 |
1 439 |
1 322 |
1 416 |
1 765 |
Poultry |
794 |
935 |
838 |
813 |
855 |
794 |
Milk, actual fat content |
250 |
215 |
213 |
298 |
282 |
250 |
Eggs, per thous. |
63 |
63 |
59 |
60 |
56 |
63 |
The latest and detailed data are available in the Database of Indicators
In 2018, compared to 2017, prices for goods and services consumed in agriculture and goods contributing to agricultural investment decreased by 0.5 per cent.
Prices for goods and services consumed in agriculture increased by 3.5 per cent, which was due to a 25.6 per cent increase in prices for petroleum products, 14.8 per cent – compound feeding stuffs for pigs . Prices for goods contributing to agricultural investment decreased by 8.2 per cent, of which for those contributing to investment in agricultural buildings and structures – by 24.8 per cent.
More:
Indices of producer prices of agricultural products
For further terms, see the Dictionary of Statistical Terms.