Lithuania Industry
Industrial output posts quickest growth since August 2022 in June
Industrial output grew 5.6% compared to the same month of the previous year in June, which was above May’s 2.5% increase. The figure marked the best reading since August 2022. The upturn was primarily driven by an improvement in manufacturing and mining and quarrying output.
On a monthly basis, factory output increased 3.3% in seasonally adjusted terms in June, rebounding from May’s 2.3% fall and marking the best result since August 2022. Meanwhile, the trend improved sizably, with the annual average variation of industrial production coming in at minus 16.5%, up from May’s minus 18.0%.
Lithuania Industry Chart
This chart displays Industrial Production (annual variation in %) for Lithuania from 2013 to 2022.
Lithuania Industry Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 5.6 | 3.3 | -1.3 | 19.4 | 10.3 |