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.
by RTT Staff Writer
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