Latvian industrial production grew in June

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Data compiled by the Central Statistical Bureau (CSB) and released August 5 show that, compared to June 2018, in June 2019 industrial production output grew by 4.4 % (according to calendar adjusted data at constant prices). 

Compared to the corresponding month of the previous year, the most significant manufacturing output upturn was registered in the manufacture of electrical equipment (of 23.9 %), manufacture of fabricated metal products, except machinery and equipment (19 %), manufacture of paper and paper products (12.9 %), as well as repair and installation of machinery and equipment (12 %).

The most notable decrease was observed in manufacture of chemicals and chemical products (of 12.6 %), manufacture of machinery and equipment (11.6 %), and manufacture of wearing apparel (10 %).

Compared to May 2019, in June 2019 industrial production output grew by 1.6 % (according to seasonally adjusted data at constant prices).

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