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%.
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.