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Friday, the Statistics Lithuania announced that the harmonized index of consumer prices or HICP dropped 0.3% year-on-year in January, compared to the 1.2% increase in the previous month.
On a monthly basis, the HICP rose 1.2% in January, after falling 0.3% in December.
The average annual HICP inflation stood at 3.4% in January, slower than the 4.2% growth in the previous month.
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