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10:10 GMT
08
Jul 2009

Lithuania June Producer Prices Decline Further

(RTTNews) - Wednesday, the Statistics Lithuania announced that the producer price index or PPI dropped 16.7% year-over-year in June, compared with a 15% fall in the preceding month, revised from 15.1% drop reported initially. A year earlier, the PPI was up 25.8%.

Manufacturing producer prices dipped 20.7% annually in June, while mining and quarrying prices fell 25.5%.

On a monthly basis, the PPI increased 2.2% in June, after falling a revised 0.8% in May.

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