Lithuania industrial production rises in July

Manufacturing

Lithuania's industrial production rose a working-day adjusted 15.0% year-on-year in July, figures from Statistics Lithuania (LS) showed on Monday. Manufacturing output grew 15% annually in July.

Excluding refined petroleum, manufacturing increased 16.7%. Production in mining and quarrying surged 13.5% and manufacturing output rose 16%. Production of electricity, gas, steam, and air conditioning supply declined 1.7%, while those in water supply, and waste management increased 7.6%.

Among the major industrial groupings, production of intermediate goods grew 25.4% yearly in June and those of capital goods increased 22.2%. Production of energy rose 8%. Production of durable goods and non-durable goods increased by 15.6% and 1.9%, respectively.

On a monthly basis, industrial production fell a seasonally and working-day adjusted 2% in July. On an unadjusted basis, industrial production accelerated 13% yearly in July and decreased 4.9% from a month ago.

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