In August, industrial production grew 6.6% over the same month last year, which was up from the revised 5.7% increase recorded in July (previously reported: +6.8% year-on-year). Manufacturing jumped from a 6.7% increase to an 8.4% expansion in August. Mining and quarrying as well as electricity and gas continued to trend downwards, while water supply improved. A month-on-month comparison does not corroborate the improvement seen in the annual figures, as industrial production declined a seasonally adjusted 0.1% in August, which was nevertheless up from the 0.6% contraction tallied in July. Despite the expansion recorded in annual figures, the trend deteriorated for the first time since January 2010, with annual average growth in industrial production slowing from 12.6% in July to 11.5% in August.
Industrial production picks up in August
September 22, 2011
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Lithuania Economic News
October 21, 2016
In September, Lithuania’s industrial production rose a noteworthy 8.0% from the same month last year, the highest reading in eight months.
October 10, 2016
Consumer prices in Lithuania rose 0.6% in September from the previous month, which contrasted the 0.5% drop in August.
September 21, 2016
In August, Lithuania’s industrial production rose 1.6% over the same month last year.
September 8, 2016
Consumer prices fell 0.5% over the previous month in August, which was slightly above July’s 0.7% drop.
August 30, 2016
GDP rose 1.9% in annual terms in Q2, according to detailed data released by the National Statistics Office on 30 August.