actual 0.5, previous 0.6
The event is the Producer Price Index (PPI) Month-over-Month (MoM) for December in Lithuania. The actual value reported is 0.5%, which is a decrease from the previous value of 0.6%. The estimate was -1%, so the actual result exceeded expectations. This economic indicator measures the average changes in selling prices received by domestic producers for their goods and services over time. A positive PPI indicates inflationary pressures, while a negative PPI suggests deflationary pressures. In this case, the 0.5% increase in PPI MoM suggests a slight inflationary trend in producer prices in Lithuania for the month of December. The impact of this event on the market is considered low.