In November, industrial production rose 0.9% over the same month last year, which contrasted the revised 1.5% contraction recorded in October (previously reported: -1.3% year-on-year). The improvement was broad-based as all the sub-components accelerated over the previous month. Manufacturing expanded from a mild 0.3% increase in October to a 2.6% rise in November, while mining and quarrying expanded 15.7%. Although the electricity and gas and water supply sectors improved, they still remained in negative territory. A month-on-month comparison corroborates the improvement suggested by the annual figures, as industrial production expanded a seasonally adjusted 1.1% in November, which contrasted the 3.6% contraction recorded in October. The trend is pointing downwards, with annual average growth in industrial production falling from 10.5% in October to 9.1% in November.
Industrial production rebounds in November
December 29, 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.