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Volume of industrial production rose by 4.2% on electricity and gas supply, but there was a reduction in manufacturing – by 0.7% and in mining and quarrying – by 3.1%.

Volume index of manufacturing (2010=100)

Data source: Central Statistical Bureau of Latvia

Compared to May 2013, volume of industrial production in May 2014 has reduced by 0.2%, according to calendar adjusted data at constant prices; the fall was due to the drop in electricity and gas supply (of 10.2%). But increase, in turn, was observed in mining and quarrying – of 13.0%, and in manufacturing – of 1.8%.

Growth in industrial production was recorded in manufacture of computer, electronic and optical products – of 80.4%, in manufacture of furniture – of 10.3% and in manufacture of of non-metallic mineral products – of 9.6%. A significant production volume growth was also recorded in manufacturing sectors having the largest share in industrial production:in manufacture of wood and of products of wood – of 8.5%, in manufacture of food products – of 3.6%, and in manufacture of fabricated metal products, except machinery and equipment – of 2.6%.

Changes in volume indices of 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.