Lithuania: Industrial output growth slows in June
July 23, 2021
Industrial output rose 20.7% year-on-year in June (May: +26.2% yoy). The notable slowdown came on the back of decelerating output in manufacturing and electricity, gas, steam and air conditioning..
On a seasonally-adjusted monthly basis, factory output fell 0.2% in June (May: +7.2% mom). Meanwhile, the trend improved notably, with the annual average growth of industrial production coming in at 9.0%, up from May's 7.1% reading.