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Impact of euro introduction on the estimation of inflation


On September 18, Statistics Lithuania was visited by the representatives of Eurostat. The purpose of the visit – to assess the impact of euro introduction on the calculation of the harmonised index of consumer prices (HICP). The meeting was attended by the price statistics specialists of Statistics Lithuania, Eurostat's representatives and the specialists of the Bank of Lithuania.

During the meeting, a list of COICOP classes, containing products whose price changes could have influenced inflation, was agreed upon. Eurostat's specialists will present the final conclusions on the impact of euro introduction on inflation in Lithuania in a month.