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Financial News: Lithuania Industrial Production Grows In August

Lithuania Industrial Production Grows In August

09/23/2021 - 03:03:00 (RTTNews)

(RTTNews) - Lithuania's industrial production grew robustly in August, led by strong output in mining and quarrying and manufacturing sectors, preliminary data from the statistical office showed Thursday.

Industrial production grew a non-adjusted 18.1 percent year-on-year.

Mining and quarrying output increased 25.7 percent and manufacturing production rose 19.3 percent. Utilities sector output decreased 1.2 percent. Output rose 2.6 percent in the water supply and treatment-related industry.

Compared to the previous month, industrial production grew 3.5 percent in August.

On a seasonally and working-day adjusted basis, industrial production rose 15.3 percent year-on-year and 2.8 percent from the previous month in August.

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