# Estonia and Lithuania economic trends > Live situation record from CLSTR: https://clstr.news/situations/estonia-and-lithuania-economic-trends > Updated: 2026-09-09T23:10:43.000Z. Sources: 20. Developments: 7. Economic indicators for Estonia and Lithuania showed a rise in both exports and imports in May 2026. By July 2026, Lithuania reported a slight monthly increase in inflation, with consumer goods and services prices rising by 0.2% compared to June. While clothing and footwear prices decreased by 6.7%, costs for housing, water, electricity, and gas rose by 2% due to increases in natural gas, electricity, and wood fuel. During the first half of 2026, Lithuania's exports grew by 5.5% and imports by 6.0% compared to the previous period. Export growth was led by machinery, mechanical appliances, and a 27.2% increase in mineral fuels and oils, with key markets including Poland, Germany, Latvia, and the Netherlands. By August 2026, data revealed that Lithuania's annual inflation reached 5.9% in July, up from 5.4% in June. This rate was noted as the second highest in the European Union, trailing only Romania. While consumer inflation rose, producer price inflation showed even greater pressure; the prices of industrial products sold in Lithuania increased by 11.5% year-on-year in July, accelerating from a 9.6% increase in June. When excluding petroleum products, the annual increase for industrial products was 7.5%. Analysts suggest the widening gap between producer and consumer prices may serve as a warning for the autumn, as supply chain costs may eventually be passed to consumers. In late August 2026, SEB Bank lowered its GDP growth forecast for Lithuania to 2.1% for next year, noting that inflation may peak at 6% this autumn. Additionally, the agricultural sector saw the economic size of Lithuanian farms reach €2.84 billion in 2026, a 3.1% increase from the previous year, despite a decrease in the total number of registered holdings. ## Timeline ### 2026-09-09: Lithuanian economy shows strong service export growth and unique financing trends Lithuanian businesses show a high reliance on internal financing compared to the EU average, while service exports and re-exports show strong projected growth through 2026. 2 sources. https://clstr.news/cluster/lithuanian-economy-shows-strong-service-export-growth-and-unique-financing-trends ### 2026-08-31: Lithuania economy shows GDP growth amid shifting household savings Lithuania's GDP grew by 1.7% in Q2, driven by strong household consumption, despite a recent decline in personal savings due to rising seasonal costs for education and transport. 4 sources. https://clstr.news/cluster/lithuania-economy-shows-gdp-growth-amid-shifting-household-savings ### 2026-08-27: Lithuanian economy driven by exports and retail growth Lithuania's economy is driven by strong exports and retail growth despite fluctuating consumer confidence and rising energy costs that may impact household spending and inflation. 3 sources. https://clstr.news/cluster/lithuanian-economy-driven-by-exports-and-retail-growth ### 2026-08-24: Lithuania economic outlook and storm impact report Lithuania faces economic shifts with lowered GDP forecasts and rising inflation, alongside significant storm damage and a restructuring of the agricultural sector. 12 sources. https://clstr.news/cluster/lithuanian-crowdfunding-sector-approaches-400-million-euro-mark ### 2026-08-15: Lithuania inflation rises to 5.9% amid surging producer costs Lithuania's annual inflation rose to 5.9% in July, while producer price inflation surged to 11.5%, signaling potential price increases for consumers this autumn. 2 sources. https://clstr.news/cluster/lithuania-inflation-rises-to-59-amid-surging-producer-costs ### 2026-08-08: Lithuania reports rising inflation and 5.5% export growth Lithuania saw a 0.2% monthly inflation increase in July 2026, while first-half exports rose by 5.5%, led by mineral fuels and machinery. 3 sources. https://clstr.news/cluster/lithuania-reports-rising-inflation-and-55-export-growth ### 2026-07-10: Estonia and Lithuania record rise in exports and imports in May Estonia’s May exports rose 9% with imports up 4%; Lithuania’s Jan‑May exports grew 3% and imports 2.4%, narrowing trade gaps. 4 sources. https://clstr.news/cluster/estonias-may-trade-balance-shows-9-export-rise-and-4-import-increase --- Cite as: Estonia and Lithuania economic trends. CLSTR, https://clstr.news/situations/estonia-and-lithuania-economic-trends