In February, industrial production expanded 7.3% over the same month last year, which came in below the 8.2% expansion recorded in January. The weaker February print reflected slower growth across all the major sub-categories. Only electricity and gas supply accelerated over the previous month. A month-on-month comparison confirms the softening suggested by the annual figures, as industrial production increased only a seasonally adjusted 0.1% in February, well below the 1.9% expansion recorded in January. As a result of the monthly slowdown, the trend points downwards, with annual average growth in industrial output falling from 9.1% in January to 8.9% in February.
Industrial production weakens in February
April 3, 2012
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Latvia Economic News
October 10, 2016
In September, consumer prices increased 0.4% from the previous month, which contrasted August’s 0.6% decrease.
October 4, 2016
Industrial production in Latvia contracted 0.6% year-on-year in August, which contrasted the 2.6% increase in July.
September 8, 2016
In August, consumer prices fell 0.6% over the previous month and came in below July’s 0.3% decrease.
September 5, 2016
Industrial production in Latvia grew 2.7% year-on-year in July, which was down from 7.9% increase in June.
August 31, 2016
In the second quarter, Latvia’s economy increased 2.1% year-on-year, according to a revised set of data released by the Statistical Institute on 31 August.