Lithuania industrial production rises in July
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.
ADVERTISEMENT
New Tenant in Wing’s Hungária Office Park Development
BKK Steps up Airport Shuttle Bus Service
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.
