Latvia's industrial production expanded at the fastest pace in four-and-a-half years in June, data from the Central Statistical Bureau showed on Monday.
Industrial output rose a calendar-adjusted 7.2 percent year-on-year in June, following a 3.9 percent rise in May.
Further, this was the quickest increase since December 2021, when production had risen 7.3 percent.77
Manufacturing output advanced 0.7 percent annually in June versus a 0.3 percent increase a month ago. Meanwhile, the decline in mining and quarrying production eased to 5.1 percent from 17.2 percent, while electricity and gas output plunged by 11.5 percent.
On a monthly basis, industrial production increased a seasonally adjusted 0.5 percent in June, following a 1.5 percent growth seen a month ago.
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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.