Lithuanian industrial production on the rise in October

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Lithuanian industrial production rose 22.6% year-on-year in October, according to figures from Statistics Lithuania (LS) on Tuesday.

Manufacturing output grew 22.7% per year in October. Excluding refined petroleum, manufacturing increased 18.8%.

The production of electricity, gas, steam and air conditioning increased by 27.1% and that of water distribution and waste management increased by 3.4%. Meanwhile, production in mining and quarrying fell 7.0%. Among large industrial groups, the production of intermediate goods increased by 32.7% over one year in October and that of capital goods increased by 2.8%.

Energy production increased by 41.2%. The production of durable goods increased by 18.7% and that of non-durable goods by 4.1%. On a monthly basis, industrial production increased 0.6% seasonally and working day adjusted in October.

On an unadjusted basis, industrial production accelerated 20.5% per year in October and increased 3.7% from the previous month.

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