Latvia industrial production growth slows in December
Latvia's industrial production rose at a softer pace in December, data from the Central Statistical Bureau (CSB) showed on Wednesday.
Industrial production rose a seasonally adjusted 0.7% month-on-month in December, after a 1.5% growth in November. On a yearly basis, industrial production grew a calendar adjusted 4.7% in December, after a 3.1% decline in the previous month. Manufacturing output gained 5.1% annually in December and rose 0.2% from the previous month. Production in mining and quarrying output rose 15.2% yearly, while those of electricity and gas supply declined 0.6%.
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