Lithuania's industry grows 1.8% to EUR 11.9 b in Jan-Aug y/y
2016-09-23, 10:21
Published in
Economy
Chris Isherwood / flickr.com
Industrial production and sales in Lithuania grew by 1.8% to 11.9 bln euros in the first eight months of 2016 year-on-year, Statistics Lithuania said on Wednesday. Seasonally- and workday-adjusted industrial growth rate was 1.5%. In August versus July, the country's industrial production and sales lost 0.8% to 1.49 bln euros, while seasonally- and workday-adjusted rate indicated decline by 2%. y-o-y, mining, quarrying and manufacturing output grew by a workday-unadjusted 1.7% and by a workday-adjusted 1.8% in January through August. According to the press release, manufacturing output alone increased by 1.8% (1.7%), while manufacturing output excluding refined oil products rose by 4.4% and 3.9%, respectively.
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