Lithuania's Export, Import Prices Fall In September

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In a report released on Wednesday, Statistics Lithuania said that export prices dropped 1.1% month-on-month in September, after the 1.4% increase in the previous month.

This was mainly due to a fall in prices of manufactured products, the statistical office said. Prices of manufactured products decreased 1.4% on month in September. On the other hand, prices of agriculture, forestry & fishery products grew 2.6%.

At the same time, import prices fell 1.3% from the previous month, in contrast to the 2.2% growth in August. This was largely driven by a 6.4% decline in prices of mining & quarrying products.

On a yearly basis, export and import prices slumped 21.1% and 13.4%, respectively.

In a report released on Wednesday, Statistics Lithuania said that export prices dropped 1.1% month-on-month in September, after the 1.4% increase in the previous month. (Market News Provided by RTTNews)