Lithuania: Industrial output records slowest expansion since June 2024 in April
Latest reading: Industrial production increased 2.4% year on year in April (March: +7.8% yoy). April’s result marked the worst reading since June 2024 and was partly due to a deterioration in manufacturing production growth, as it recorded the weakest reading since June 2024. In contrast, mining and quarrying output contracted at a softer rate.
On a seasonally adjusted monthly basis, factory output fell 3.0% in April (March: +2.0% mom s.a.). Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 5.7% in April, down from March’s 7.5% reading.