Lithuanian industrial production increases in January

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Lithuania’s industrial output rose in January, driven by strong output growth in manufacturing as well as mining and quarrying, figures from Vilnius-based Statistics Lithuania (LS) showed on Thursday.

Industrial production rose 24.6% year-on-year in January. Manufacturing output rose 25.5% annually in January.

Excluding refined petroleum, manufacturing rose 13.8%. Production in mines and quarries increased by 54.9%.

The production of water and waste management increased by 4.8% and that of electricity, gas, steam and air conditioning by 16.2%.

Among major industry groups, energy production rose 66.8% annually in January.

On a monthly basis, industrial production fell 0.7% seasonally and working day adjusted in January.

On an unadjusted basis, industrial production rose 24.6% year on year in January and fell 5.5% from the previous month.

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