Lithuania: Industrial output gains momentum in January
Latest reading: Industrial output expanded 8.8% compared to the same month a year earlier in January, which was above December’s 5.9% increase. January’s notable upturn largely reflected accelerations in manufacturing plus mining and quarrying activty.
On a seasonally adjusted monthly basis, factory output rose at a faster rate of 4.5% in January (December: +2.2% mom), the best result since April 2023. Meanwhile, annual average industrial production growth fell to 9.1% in January (December: +9.7%), which marked a 10-month low.