Lithuania industrial production grows in August

Manufacturing

Lithuania's industrial production grew robustly in August, led by strong output in mining and quarrying and manufacturing sectors, preliminary data from the Vilnius-based Statistics Lithuania (LS) showed Thursday.

Industrial production grew a non-adjusted 18.1% year-on-year. Mining and quarrying output increased 25.7% and manufacturing production rose 19.3%.

Utilities sector output decreased 1.2%. Output rose 2.6% in the water supply and treatment-related industry.

Compared to the previous month, industrial production grew 3.5% in August. On a seasonally and working-day adjusted basis, industrial production rose 15.3% year-on-year and 2.8% from the previous month in August. 

ADVERTISEMENT

Annual Inflation Hits 23-Year High in May Analysis

Annual Inflation Hits 23-Year High in May

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group Appointments

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group

Budapest targets tourists with public transport fare hikes City

Budapest targets tourists with public transport fare hikes

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.