Lithuania Industrial Output Falls at a Softer Pace in February

Manufacturing

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Industrial production in Lithuania dropped to 7% in February, easing from a downwardly revised 7.3% fall in the previous month, data from the Vilnius-based Statistics Lithuania (LS) showed on Thursday.

The latest figure was marked as the third consecutive month of decline, as output shrank in most of the sub-indices, including; manufacturing (-6.9%), electricity, gas, steam & air conditioning supply (-9.3%), and electricity, gas, steam & air conditioning supply (-5.8%).

On the other hand, output slowed for mining & quarrying (3.8%).

On a seasonally adjusted monthly basis, production increased 0.8% in February, rebounding from a 1.5% fall in the previous month.

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