http://www.fxstreet.com/fundamental/economic-indicators/lithuania-inflation-drops-further/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/economic-indicators/lithuania-inflation-drops-further/2009-01-12.htmlLithuanian inflation fell to 8.5% y/y (-0.1% m/m) in December from 9.1% y/y (-0.2% m/m) in November. The outcome was significantly lower then our forecast of 9.1% y/y. The main drivers behind more subdued consumer price growth were a big drop in transportation costs (-3.9%, m/m) due to the decline in global oil prices and stagnation in clothing and footwear prices, which were down by 3.1% m/m mostly due to the special sales. However, it is obvious that slowdown in domestic demand has startedMon, 12 Jan 2009 11:05:36 GMThttp://www.fxstreet.com/fundamental/economic-indicators/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/economic-indicators/lithuania-inflation-drops-further/2009-01-12.html