Industrial production output rose by 4.7 % in Latvia

Data published May 5 by the Central Statistical Bureau (CSB ) show that, compared to March 2020, in March 2021 industrial production output rose by 4.7% according to calendar adjusted data at constant prices.

Production output increase was registered in manufacturing – by 3.8 %, in mining and quarrying – by 11.2 %, and in electricity and gas supply – by 7.4 %.

In March 2021, compared to February 2021, according to seasonally adjusted data at constant prices, manufacturing output increased by 0.5 %, including in manufacturing – by 0.6 % and in mining and quarrying – by 0.3 %, but in electricity and gas supply it decreased by 3.4 %.

Compared to March 2020, in March 2021 manufacturing turnover, according to calendar adjusted data at current prices, increased by 14.3 %. Turnover increased by 6.6 % in the domestic market and by 18.3 % in exports (including 8.4 % in the euro area and by 26.3 % in non-euro area).

In March 2021, compared to February 2021, manufacturing turnover, according to seasonally adjusted data, increased by 2.7 %. Turnover increased by 4 % in the domestic market and by 2.1% in exports (including 2.2 % in the euro area and by 2 % in non-euro area).

LSM.LV

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