[REVISION HISTORY]

Estonia and Lithuania economic trends

Updated 4 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-27 19:57 UTC → 2026-09-11 09:39 UTC · added ~~removed~~

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. ~~Recent reports highlight a complex economic landscape.~~

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