Lithuania Industrial Output Drops at a Softer Pace in April
Image by Pixabay
Industrial production in Lithuania dropped 9.3% year-on-year in April, marking the fifth straight month of fall in industrial activity, and easing from a downwardly revised 14.9% in the previous month, data released by the Vilnius-based Statistics Lithuania (LS) on Tuesday show.
Output fell less for both manufacturing (-7.5% vs -12.5% in March) and electricity, gas, steam & air-conditioning supply (-27.7% vs -36.7%).
Meanwhile, output dropped faster for mining & quarrying (-22.8% vs -22.7%) and water supply (-10.2% vs -7.6%).
On a seasonally adjusted monthly basis, production increased by 2.7% in April.
ADVERTISEMENT
Hungary Trade Surplus at EUR 308 mln in April
Parl't Approves Amendments to Legislation on Judiciary
Gloster Acquires P92 IT Solutions
Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov...
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.
