Analytics, Industry, Latvia, Markets and Companies

Volume index of manufacturing (2010=100)

Data source: Central Statistical Bureau of Latvia

Compared to August 2013 industrial production output in August 2014 (according to calendar adjusted data at constant prices) declined by 0.4%, of which in mining and quarrying – by 5.3%, and in manufacturing – by 0.9%. In electricity and gas supply there was an increase of 3.8%.

Production drop in August was recorded in manufacture of machinery and equipment – of 24.9%, in manufacture of wearing apparel – of 15.8%, in manufacture of electrical equipment – of 15.5%, in manufacture of beverages – of 14.5%, and in manufacture of food products – of 2%. In turn, production increase was observed in manufacture of computer, electronic and optical products – of 70.2%, in manufacture of motor vehicles, trailers and semi-trailers – of 15.1%, in manufacture of furniture – of 9.4%, in manufacture of wood and cork articles – of 6.1%, and in manufacture of fabricated metal products, except machinery and equipment – of 5.9%.

Changes in volume of industrial production, % (at constant prices)

More information on seasonally adjusted, calendar adjusted and non-adjusted industrial production volume indices and weights structure used in the calculations is available in the CSB databases.