Latvia: Industrial output rebounds in January
Latest reading: Industrial production increased 0.5% year on year in January (December: -6.1% yoy). January’s turnaround came on the back of an improvement in manufacturing plus electricity and gas supply production.
On a seasonally adjusted monthly basis, industrial production rose 2.3% in January (December: -1.1% mom s.a.), the best result since May 2024. Meanwhile, the annual average of industrial production was 6.2% in January, matching December’s reading.