Lithuania: Industrial production growth slows in July
Latest reading: Industrial production rose 3.3% on a year-on-year basis in July, following a 9.9% rise in the previous month.
Relative to the previous month’s figures, readings in July softened for manufacturing (+3.7% in annual terms vs +10.5% in June), mining and quarrying (-1.6% vs +16.2% in June) and electricity, gas, steam and air conditioning (-4.1% vs -3.5% in June).
On a seasonally adjusted month-on-month basis, industrial production declined 2.4% in July, following a 1.8% rise in the prior month.