6 October 2025, 13:39  Latvia: Industrial Output Growth Slows.

Latvia’s industrial production rose 2.4% year-on-year in August 2025, slowing from a 9.8% gain in July and marking the softest increase since April. The slowdown was driven by a sharp decline in mining and quarrying activity, which contracted 23.9%, partially offset by higher output in manufacturing and electricity and gas supply, which increased 4.1% and 0.5%, respectively. Within manufacturing, the largest gains were recorded in fabricated metal products (excluding machinery and equipment) up 15.4%, food products 11.2%, and wood and cork products (excluding furniture) 8.9%. Other notable increases came from motor vehicles, trailers and semi-trailers (23.7%), printing and reproduction of recorded media (16.1%), rubber and plastic products (14.0%), furniture (12.8%), and electrical equipment (12.0%). On a seasonally adjusted monthly basis, industrial output fell 2.4%, the first decline since March, following a 1.5% rise in July.

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