Skyline in Lithuania

Lithuania Industry June 2019

Lithuania: Industrial output records first contraction in nine months in June

Industrial output fell 1.0% in annual terms in June, contrasting May’s moderate 1.1% year-on-year increase. June’s reading marked the first contraction in industrial output since September 2018.

The contraction was chiefly driven by sliding mining and quarrying production, as well as by a dip in manufacturing output. In addition, water supply, sewerage, waste management and remediation activities recorded a mild drop in June. On a more positive note, output in the electricity, gas, steam and air conditioning supply sector grew solidly in the same month.

On a month-on-month basis, industrial output increased 1.8% in seasonally and working-day adjusted terms in June, rebounding from a soft 0.3% fall in the previous month. Meanwhile, annual average growth in industrial production ticked down from 4.9% in May to 4.5% in June.

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