Lithuania industrial production expands in March
Image by Pixabay
Lithuania's industrial production increased in March, led by the growth in manufacturing and electricity output, figures from the Vilnius-based Statistics Lithuania (LS) showed on Monday.
Industrial production rose a working-day adjusted 25.8% year-on-year in March. Manufacturing output increased 24.6% and production in mining and quarrying rose 2.8%.
Production of water supply, and waste management gained 3.9% and those in electricity, gas, steam and air conditioning supply grew 42.2%.
Among the major industrial groupings, production of energy gained 48% yearly in March.
Production of durable goods increased by 14.8% and those of non-durable goods rose 13.5%. Production of intermediate goods rose 22.1% and those of capital goods increased 16.5%.
On a monthly basis, industrial production grew a seasonally and working-day adjusted 11.3% in February. On an unadjusted basis, industrial production grew 25.8% yearly in March and increased 22.8% from a month ago.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
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.
