Lithuania industrial production rises in February


Lithuania's industrial production rose a working-day adjusted 9.6% year-on-year in February, figures from Statistics Lithuania (LS) showed on Tuesday.

Manufacturing output grew 9.5% annually in February. Excluding refined petroleum, manufacturing increased 12.2%. Production of electricity, gas, steam and air conditioning supply surged 11.8%. Meanwhile, production in mining and quarrying declined 11.5% and production in water supply, and waste management decreased 0.8%.

Among the major industrial groupings, production of intermediate goods grew 17.1% yearly in February and those of durable goods increased 19.2%. Production of capital goods gained 7.4%. Production of energy and non-durable goods increased 3.2%, each.

On a monthly basis, industrial production rose a seasonally and working-day adjusted 2.4% in February. On an unadjusted basis, industrial production accelerated 9.6% yearly in February and declined 2.4% from a month ago. 


COVID changes workplace preferences of office workers Analysis

COVID changes workplace preferences of office workers

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Dentons rehires banking and finance partner Appointments

Dentons rehires banking and finance partner

Budapest hosting 2024 Chess Olympiad City

Budapest hosting 2024 Chess Olympiad


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.