Analytics, Good for Business, Industry, Latvia, Statistics

As compared to the corresponding month of the previous year, production output increase was recorded in manufacture of electrical equipment (of 28.8%), repair and installation of machinery and equipment (26.9%), printing and reproduction of recorded media (of 11.7%) and manufacture of computer, electronic and optical products (11%). A rise was also recorded in two out of the three manufacturing sectors having the largest share in the industrial production: manufacture of food products and manufacture of fabricated metal products, except machinery and equipment (increase of 2.5% and 9.9%, respectively).

But manufacture of wood and of products of wood and cork, except furniture, experienced a drop of 0.6 %. Industrial production output decline was also registered in manufacture of furniture (of 10.9%), manufacture of beverages (4.4%) and manufacture of chemicals and chemical products (2.6%).

Compared to March 2019, in April 2019 industrial production output fell by 2% (according to seasonally adjusted data at constant prices), of which by 0.1% in manufacturing and by 8.7% in electricity and gas supply, but in mining and quarrying there was an increase of 3.5%.

Changes in industrial production output

(as %, at constant prices)

* repair and maintenance of ships and boats, repair of fabricated metal products, machinery and equipment, installation of industrial machinery and equipment

Manufacturing turnover2

Compared to April 2018, in April 2019 manufacturing turnover increased by 7.7% (according to calendar adjusted data at current prices). Turnover on the domestic market grew by 9.2% and in export by 6.9% (increase in euro area – of 9.7% and in non-euro area – of 4.6%).

Compared to March 2019, in April 2019 manufacturing turnover reduced by 2.2% (according to seasonally adjusted data). Turnover on the domestic market grew by 1.6%, but in export – fell by 4.2% (of which by 5.2% in euro area and by 3.3% in non-euro area).