Lithuania's industrial output dropped 16.3% year-on-year in June, the Statistics Lithuania said Wednesday. After adjusting for labor-day effects, output fell 17.4%. In May, industrial output was down an unadjusted 19.3%, and slipped 18.4% after adjustments were made.
Annually, mining and quarrying output dipped an unadjusted 22.2% in June, while manufacturing output dropped 16.7%. Production of utilities fell 12%.
Month-on-month, industrial output rose 4.4% on an unadjusted basis, faster than a 4.2% growth in May. On a seasonally adjusted basis, output grew 1.2% in June.
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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.