Lithuania has reported one of the biggest falls in industrial producer prices among the 28 European States in March.

Industrial producer prices in March 2016 fell 6.3%, compared to March 2015, according to Eurostat data released on Tuesday.

Lithuania's result is third after Greece, where industrial producer prices decreased 9%, and the Netherlands, 10.9%.

In both Latvia and Estonia, the prices decreased 3.9%.

On average, industrial producer prices in the EU fell 4.1%.

Compared to February 2016, the prices decreased 0.7% in Lithuania and grew 0.4% htroughout the EU.