Financial News: Latvia Industrial Output Recovers 0.6%

Latvia Industrial Output Recovers 0.6%

03/06/2025 - 09:35:00 (RTTNews)

(RTTNews) - Latvia's industrial production increased for the first time in five months in January, data from the Central Statistical Bureau showed on Thursday.

Industrial output rose a calendar-adjusted 0.6 percent year-on-year in January, reversing a 6.1 percent fall in December.

The annual decline in the electricity and gas supply output eased markedly to 6.6 percent from 29.2 percent in the previous month. Manufacturing production rose 1.8 percent, while mining and quarrying growth moderated to 15.9 percent from 32.9 percent.

On a monthly basis, industrial production recovered a seasonally adjusted 2.3 percent in January, following a 1.1 percent decrease seen a month ago.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Treasury Announces Details Of Long-Term Securities Auctions (02 hr(s), 54 min(s), 44 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions ...Full Story»

ECB Lowers Rates, EZ Growth Outlook Amid Rising Uncertainty; Signals Pause Ahead (03 hr(s), 09 min(s), 44 sec(s) ago)
(RTTNews) - The European Central Bank cut its key interest rates for the fifth policy session in a ...Full Story»

U.S. Wholesale Inventories Climb Slightly More Than Expected In January (03 hr(s), 40 min(s), 44 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Thursday showed wholesale inventories ...Full Story»

U.S. Labor Productivity Jumps More Than Previously Estimated In Q4 (04 hr(s), 08 min(s), 44 sec(s) ago)
(RTTNews) - Labor productivity in the U.S. grew by more than previously estimated in the fourth qu ...Full Story»

U.S. Jobless Claims Dip More Than Expected To 221,000 (04 hr(s), 11 min(s), 44 sec(s) ago)
(RTTNews) - With the more closely watched monthly jobs report looming, the Labor Department releas ...Full Story»

U.S. Trade Deficit Soars To Record High In January (04 hr(s), 21 min(s), 44 sec(s) ago)
(RTTNews) - Reflecting a spike by the value of imports, the Commerce Department released a report ...Full Story»

Latvia Industrial Output Recovers 0.6% (04 hr(s), 50 min(s), 44 sec(s) ago)
(RTTNews) - Latvia's industrial production increased for the first time in five months in Janu ...Full Story»

Iceland Trade Deficit Widens Sharply On Imports Surge (05 hr(s), 21 min(s), 44 sec(s) ago)
(RTTNews) - Iceland's foreign trade deficit increased notably in January from a year ago as im ...Full Story»