Lithuania Industrial Output Rises in October

Manufacturing

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Industrial production in Lithuania rose 1% year-on-year in October, from an upwardly revised 3.6% gain in the previous month, data released from the Vilnius-based Statistics Lithuania (LS) showed on Wednesday.

Output growth slowed sharply for electricity, gas, steam, and air conditioning supply (21% vs 40.4%).

At the same time, output declined for mining & quarrying (-0.1% vs 8.9%), manufacturing (-0.4% vs 1.5%), and water supply, sewerage & waste management (-0.9% vs -6.1%).

On a seasonally adjusted monthly basis, industrial production tumbled 1.1%, compared to a 7.2% fall in September. 

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