Skyline in Lithuania

Lithuania Industry December 2021

Lithuania: Industrial output expands at quickest pace since April in December

Industrial output increased 26.5% compared to the same month a year earlier in December, which followed November’s 23.7% increase. The print marked the strongest rise since April. Looking at the details of the release, December’s pickup was broad-based. Manufacturing and electricity, gas, steam and air conditioning activity gained steam, while mining and quarrying production contracted at a softer rate.

On a seasonally-adjusted monthly basis, industrial production rose at a faster rate of 6.2% in December (November: +1.4% mom), the best result since May. Meanwhile, annual average industrial production growth rose to 18.7% in December (November: +16.8%). This signals an improving trend in the industrial sector.

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