Latvia skyline

Latvia Industry January 2019

Latvia: Industrial production contracts in January

According to Latvia’s Central Statistical Bureau, industrial output fell 1.8% in working day-adjusted year-on-year terms in January, compared to a strong 4.5% expansion in December. The print reflected a marked contraction in the electricity and gas supply sector, which offset expansions in the manufacturing, and mining and quarrying sectors.

Meanwhile, annual average industrial production growth continued to moderate at the beginning of the year, falling to an over three-year low of 1.7% in January, from to 2.2% in December. In seasonally-adjusted terms, industrial production fell 3.7% month-on-month in January, swinging from December’s 3.3% increase.

Latvia Industrial Production Forecast

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest