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Industrial production rose 3% year-on-year in October, after a 7.3% increase in September. In August, production grew by 2%.

Manufacturing output rose 1.8% annually in October. Electricity and gas supply production grew 11.9%, while production of mining and quarrying declined 19.6%.

On a monthly basis, industrial production dropped 2.3% in October, after a 1.1% rise in September, the Riga-based CSB said on Wednesday.