Industry in Lithuania
Lithuania - Industry
Industrial production growth slows in June
Industrial production rose 2.6% year-on-year in June, decelerating from May’s 4.9% increase. The moderation in output came on the back of decelerating manufacturing production growth and marked contractions in mining and quarrying output, and the electricity, gas, steam and air conditioning supply sector. A notable exception was the water supply, sewerage, waste management and remediation activities sector, which saw the largest jump in output in 10 months.
On a month-on-month basis, industrial output in June expanded 0.8% in working-day adjusted terms from an 11.6% increase in May. Meanwhile, annual average growth in industrial production fell to a nine-month low of 6.1% in June, from 6.8% in May.
Lithuania Industrial Production Forecast
Analysts surveyed by FocusEconomics expect industrial production to expand 5.2% in 2018, which is down 0.2 percentage points from last month’s projection. For 2019, the panel expects industrial output growth of 4.1%.
Lithuania - Industry Data
|Industrial Production (annual variation in %)||3.2||0.1||4.9||2.8||6.9|
5 years of economic forecasts for more than 30 economic indicators.
Lithuania Industry Chart
Source: Statistics Lithuania and FocusEconomics calculations.
|Bond Yield||1.20||0.0 %||Aug 14|
|Stock Market||710||0.45 %||Aug 14|
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August 8, 2018
Consumer prices fell 0.5% from the previous month in July, following a flat reading in June.
July 30, 2018
According to a flash estimate released by the Statistical Institute on 30 July, the Lithuanian economy expanded 3.7% in annual terms in Q2, unchanged from the first quarter’s revised print (previously reported: +3.6% year-on-year).
July 23, 2018
Industrial production rose 2.6% year-on-year in June, decelerating from May’s 4.9% increase.
July 12, 2018
Consumer prices remained stable in June on a monthly basis, following a 0.4% month-on-month increase in May.
June 22, 2018
Industrial production expanded 4.9% in May over the same month in the previous year, accelerating from April’s 3.8% year-on-year increase.