Lithuania industrial production falls in May

Automotive

Graphic by Comdas / Shutterstock.com

Lithuania’s industrial production declined in May, according to the latest figures from Statistics Lithuania (LS). Industrial production decreased a working-day adjusted 6.2% year-on-year in May. 

Graphic by Comdas / Shutterstock.com

Manufacturing output fell 7.1% annually in May. Excluding refined petroleum, manufacturing declined 7.3%. Production in mining and quarrying declined 3.5%. Output in the water supply and waste management decreased 4.8%.

Meanwhile, production in electricity, gas, steam and air conditioning supply rose 1.9%.

On a monthly basis, industrial production rose 6.9% in May, LS said on June 23.

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