ADVERTISEMENT

Latvia industrial production rises in April

Figures

Image by Pixabay

Latvia's industrial production in Latvia surged 20.5% year-on-year in April, from a 4.7% jump in the previous month, data from the Riga-based Central Statistical Bureau (CSB) showed on Thursday.

It was the fastest pace since October of 2010, due to low base effects from the pandemic's outbreak. Manufacturing output gained 20.3% annually in April and rose 3.6% from the previous month.

Production in mining and quarrying output grew 15.0% yearly, while those of electricity and gas supply grew 23.1%.

On a monthly basis, industrial output jumped 2.6%, following a 0.5% gain in March. 

ADVERTISEMENT

Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

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.