Raul Eamets. The Population Is Simultaneously Pressured by Inflation and the European Central Bank

Lietuvos Radijas ir Televizija

Center

Factuality

Ownership

In September, annual inflation in Lithuania reached as much as 6.7 percent. For residents with housing loans, a higher down payment may contribute to the rising costs of goods and services: on October 29, the European Central Bank (ECB) will decide whether to raise interest rates again. For many, this would mean double pressure, especially if incomes do not have time to grow along with expenses.