Latvia industrial output growth eases in January
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Industrial production growth in Latvia slowed to 5.9% year-on-year in January, from 7.1% in the previous month, figures from the Riga-based Central Statistical Bureau (CSB) showed on Monday.
Output declined significantly for electricity and gas supply (-10.8% vs 18% in December).
Meanwhile, output increased at a faster pace for manufacturing (9.3% vs 5.9%) and rebounded for mining and quarrying (9.4% vs -11.5%.
On a monthly basis, industrial production fell 0.7% compared to a downwardly revised 3.3% rise in the previous month.
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