Latvia's industrial production growth slowed in June, after improving in the previous month, data from the Central Statistical Bureau revealed Friday.
The industrial output volume grew a calendar-adjusted 5.4 percent year-on-year, following 6.1 percent increase in May. In April, output rose 3.8 percent. Manufacturing grew 8.1 percent, while mining and quarrying output contracted 16.3 percent.
Month-on-month, industrial production rose 1 percent, after gaining 1.8 percent in May. It was the second monthly increase in a row.
In the second quarter, Latvia's industrial production rose 5.1 percent annually and 1.8 percent from the previous three months. In the first half of the year, production increased 6.6 percent from the same period last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.