Lithuania Industrial Output Falls Further in September
Image by Pixabay
Industrial production in Lithuania dropped 2.6% year-on-year in September, easing from a downwardly revised 7% fall in the previous month, the Vilnius-based Statistics Lithuania (LS) said in a statement.
It was the softest contraction since October 2022, as output declined less for manufacturing (-0.2% vs -3.2% in August), electricity, gas, steam supply & air conditioning (-30.8% vs -45.9%), and water supply, waste water treatment, waste management & regeneration (-7.8% vs -8.3%).
Meanwhile, output further slipped for mining & quarrying (-11.7% vs -7%).
On a seasonally adjusted monthly basis, industrial production increased 0.5% in September, decelerating from an upwardly revised 4.4% growth in the previous month.
ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan
EC Puts Hungary 2024 GDP Growth at 2.4%
HU-rizon Program: HUF 8 bln Funding for International Resear...
Inspiring Women at the Focus of Gourmet Fest
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
