Industry in Lithuania
Lithuania - Industry
Industrial production growth falls in March
Industrial output rose 2.6% year-on-year in March, down from the 6.0% rise in February. The deceleration was broad-based, largely reflecting weaker output growth in the manufacturing as well as mining and quarrying sectors. Furthermore, March marked yet another contraction in the electricity, gas, steam and air conditioning supply sector.
On a month-on-month basis, industrial output rose 3.4% in seasonally and working-day adjusted terms in March, compared to a 4.6% contraction in the previous month. Meanwhile, annual average growth in industrial production fell from 4.9% in February to 4.4% in March.
Our panelists expect industrial production to expand 4.1% in 2019, unchanged from last month’s projection. For 2020, our panel expects output growth of 3.4%.
Lithuania - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 3.2 | 0.1 | 4.9 | 2.8 | 6.9 |
Lithuania Industry Chart
Source: Statistics Lithuania and FocusEconomics calculations.
Lithuania Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 1.00 | 0.0 % | May 13 |
| Stock Market | 688 | 0.45 % | May 13 |
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April 23, 2019
Industrial output rose 2.6% year-on-year in March, down from the 6.0% rise in February.
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