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Latvia: Industrial manufacturing loses momentum in August
Newest studying: Industrial manufacturing was up 2.5% in annual phrases in August, following a 9.8% rise within the prior month.
Relative to the earlier month’s information, readings in August softened for manufacturing (+4.1% in annual phrases vs +10.6% in July), mining and quarrying (-23.9% vs -18.4% in July) and electrical energy and fuel provide (+0.5% vs +12.5% in July).
On a seasonally adjusted month-on-month foundation, industrial manufacturing declined 2.3% in August, following 1.5% development within the prior month.
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