Lithuania industrial production rises in January

Figures

Lithuania's industrial production rose a working-day adjusted 11.8% year-on-year in January, figures from Statistics Lithuania (LS) showed on Tuesday.

Manufacturing output grew 12.4% annually in December. Excluding refined petroleum, manufacturing increased 16.1%. Production of electricity, gas, steam and air conditioning supply surged 8.8%. Meanwhile, production in mining and quarrying declined 15.3% and production in water supply, and waste management decreased 2%.

Industrial output of intermediate goods grew 32.7% and those of durable goods increased 13.3%. Meanwhile, production of energy decreased 2.1%. Production of capital goods declined 0.7% and those of non-durable goods fell 0.6%. On a monthly basis, industrial production rose a seasonally and working-day adjusted 2.1% in January. On an unadjusted basis, industrial production accelerated 7.2% yearly in January and rose 1.1% from a month ago. 

ADVERTISEMENT

Századvég raises GDP forecast to 7.8% Analysis

Századvég raises GDP forecast to 7.8%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

BFK developing regional cycling strategy City

BFK developing regional cycling strategy

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.