Lithuania: Industrial output grows robustly in November
Latest reading: Industrial output increased 3.5% in year-on-year terms in November, which was slightly above October’s 3.4% increase. The pickup was largely due to faster growth in manufacturing and mining output.
On a monthly basis, factory output grew 4.4% in seasonally adjusted terms in November, contrasting October’s 6.5% fall and marking the best result since April 2023. Meanwhile, annual average industrial production growth rose to 8.9% in November (October: +8.1%), which marked an over two-year high.