Latvia: Industrial production decelerates in November
Latest reading: Industrial production was up 6.9% in annual terms in November, following 8.7% growth in the previous month.
Relative to the previous month’s data, readings in November worsened for manufacturing (+8.9% in annual terms vs +9.6% in October), mining and quarrying (-25.9% vs -16.0% in October) and electricity and gas supply (+3.5% vs +10.1% in October).
On a seasonally adjusted month-on-month basis, industrial production fell 0.6% in November, following a 1.3% rise in the previous month.