This statistic illustrates the impact of the introduction of the euro currency on prices during the changeover period in Lithuania as of 2017. It can be seen that 94 percent of respondents stated that the introduction had a negative impact on prices during the changeover, with 67 percent stating all prices increased and a further 27 percent stating that prices in certain categories increased at that time.
Impact of euro banknotes and coins on prices during the changeover in Lithuania as of 2017
The euro is the official currency of 19 Member States of the EU: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain. These countries are collectively known as the euro area.
This question was phrased by the source as follows: "When the euro coins and banknotes were physically introduced in (COUNTRY), do you personally think that the euro introduction had any impact on prices during this changeover period?"
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European Commission. (December 6, 2017). Impact of euro banknotes and coins on prices during the changeover in Lithuania as of 2017 [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/590387/eurozone-lithuania-price-changes-during-euro-introduction/
European Commission. "Impact of euro banknotes and coins on prices during the changeover in Lithuania as of 2017." Chart. December 6, 2017. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/590387/eurozone-lithuania-price-changes-during-euro-introduction/
European Commission. (2017). Impact of euro banknotes and coins on prices during the changeover in Lithuania as of 2017. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/590387/eurozone-lithuania-price-changes-during-euro-introduction/
European Commission. "Impact of Euro Banknotes and Coins on Prices during The Changeover in Lithuania as of 2017." Statista, Statista Inc., 6 Dec 2017, https://www.statista.com/statistics/590387/eurozone-lithuania-price-changes-during-euro-introduction/
European Commission, Impact of euro banknotes and coins on prices during the changeover in Lithuania as of 2017 Statista, https://www.statista.com/statistics/590387/eurozone-lithuania-price-changes-during-euro-introduction/ (last visited November 03, 2024)
Impact of euro banknotes and coins on prices during the changeover in Lithuania as of 2017 [Graph], European Commission, December 6, 2017. [Online]. Available: https://www.statista.com/statistics/590387/eurozone-lithuania-price-changes-during-euro-introduction/