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Latvia industrial production falls in February

Manufacturing

Latvia's industrial production decreased in February, led by a slump in output in the electricity and gas sector, data from the Riga-based Central Statistical Bureau (CSB) showed on Monday.

Industrial production fell a calendar-adjusted 0.6% year-on-year in February.

Manufacturing output grew 2.5% annually in February, but decreased 2.1% from the previous month.

Production in mining and quarrying grew 15.2% yearly, while output in electricity and gas supply fell 19.9%.

On a month-on-month basis, industrial production declined a seasonally adjusted 2.5% in February. 

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