Latvia industrial production grows in September
Latviaʼs industrial production rose for the first time in three months in September, data from the Riga-based Central Statistical Bureau (CSB) showed on Tuesday.
Image by Pixabay
Industrial production rose a seasonally adjusted 0.5% month-on-month in September, reversing a 0.5% decline in August. On a yearly basis, industrial production decreased a calendar-adjusted 2.8% in September, following a 2.9% decline in the previous month.
Manufacturing output declined 0.6% annually in September, while it grew 0.8% from the previous month. Production in mining and quarrying output grew 21.8%, while those of electricity and gas supply declined 22.7%.
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