LOGO
LOGO

European Economic News

Lithuania Industrial Production Rises Sharply In May

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Lithuania's industrial production increased sharply in May from a year ago, figures from Statistics Lithuania showed Monday.

The industrial production index climbed 8.1 percent year-on-year in May. Manufacturing output grew by 9.1 percent and production in the mining and quarrying declined by 0.8 percent.

On a monthly basis, industrial production rose a seasonally adjusted 1.6 percent in May. Manufacturing expanded 1.3 percent, while, mining and quarrying dipped by 11.5 percent.

In the January to May period, industrial production dropped a working-day-adjusted 2.3 percent compared with the same period last year.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.