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Latviaʼs industrial production fell for the second straight month in August, data from the Riga-based Central Statistical Bureau (CSB) showed earlier this week.
On a yearly basis, industrial production decreased a calendar adjusted 3% in August, after a 0.1% decline in the previous month. Manufacturing output declined 1.5% annually in August.
Production in mining and quarrying output grew 1.8%, while those of electricity and gas supply declined 11.7%.
On a seasonally adjusted monthly basis, industrial output went down 0.4% in August, following a 0.8% decline in July.