Latvia Industrial Output Falls in September 

Manufacturing

Image by Pixabay

Industrial production in Latvia shrank by 3.7% year-on-year in September, following an upwardly revised 1% fall in the previous month, data from the Riga-based Central Statistical Bureau (CSB) show.

It was the third straight month of falling industrial activity and at the steepest pace since May of 2020.

Output fell from electricity and gas supply (-26%) and, to a lesser extent, manufacturing (-1.7%).

On the other hand, production grew for mining & quarrying (6.6%).

On a monthly comparison basis, industrial production went down by 0.9% in September, after a downwardly revised 0.3% rise in the prior month.

ADVERTISEMENT

Fewer Students Took Language Exams in 2022 Figures

Fewer Students Took Language Exams in 2022

Gov't Guarantees on Liabilities Climb Over 9% of GDP in 2021 Government

Gov't Guarantees on Liabilities Climb Over 9% of GDP in 2021

Hungary Home Sales Fall 46% in January Residential

Hungary Home Sales Fall 46% in January

AmCham Super Bowl LVII Watch Party Coming This Month Social

AmCham Super Bowl LVII Watch Party Coming This Month

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.