In June, industrial production expanded 10.4% over the same month last year, which was down from the revised 13.5% rise recorded in May (previously reported: +12.8% year-on-year). That said, the sharp increase seen in June came despite the fading of a favourable base effect. Manufacturing, which accounts for the bulk of industrial production, slowed from a 16.0% expansion to a 10.7% increase in June. Mining and quarrying as well as water supply moderated over the previous month's reading, while electricity and gas recorded its first positive reading since February 2010. A month-on-month comparison corroborates the slowdown seen in the annual figures, as industrial production expanded a seasonally adjusted 3.6% during the month, which was down from the 5.1% expansion tallied in May. Despite the moderation in annual figures, the trend continued to improve, with annual average growth in industrial production rising from 11.9% in May to 12.4% in June.
Industrial production rises at a slower pace in June
July 21, 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.