Skyline in Lithuania

Lithuania Industry September 2018

Lithuania: Industrial production contracts for the first time in nearly two years in September

Industrial output fell 2.5% year-on-year in September, swinging from a healthy 3.8% expansion in August (previously reported: +3.5% year-on-year). The print marked the first contraction since October 2016 and the worst result in over two years.

September’s result came on the back of a fall in manufacturing production, the first drop in 23 months, driven by lower output of petroleum products. In line with the weak performance of the manufacturing sector, mining and quarrying output, as well as electricity, gas, steam and air conditioning supply, also contracted in annual terms in September.

On a month-on-month basis, industrial output dipped 3.3% in seasonally and working-day adjusted terms in September, compared to a 1.4% increase in August. Meanwhile, annual average growth edged down to a 15-month low of 5.0% in September, from 5.6% in August.

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 X Download Fullscreen