In April, industrial production increased 0.6% over the same month last year. The rise contrasted the steep 13.0% drop recorded in March. April's result was driven by a large increase in mining and quarrying, as well as increases in manufacturing and water supply. Meanwhile, the electricity, gas and steam sector registered another significant decline. On a sequential basis, industrial production increased 5.0% over the previous month in seasonally-adjusted terms, which contrasted the 3.7% decrease registered in March. Annual average growth in industrial production fell from a 0.3% rise in March to a 0.2% drop in April, which marked the lowest level since August 2010.
Industrial production rebounds in April, annual average falls into the red
May 21, 2014
Author: Carl Kelly, Economist
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Lithuania Industry Chart
Note: Year-on-year changes and annual average growth of industrial production index in %.
Source: Statistics Lithuania and FocusEconomics calculations.
Lithuania Economic News
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.
August 22, 2016
In July, Lithuania’s industrial production decreased 3.8% over the same month last year.