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Lithuania July Industrial Output Drops

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Friday, the Statistics Lithuania announced that the industrial production dropped 15.7% year-on-year in July, compared with a 22.3% fall in the previous month.

Manufacturing output declined 16.2% annually in July, while mining and quarrying production dipped 44%. Production of electricity, gas, steam and air conditioning supply fell 7.2%.

On a monthly basis, industrial production decreased 0.2% in July, after falling 0.1% in June.

Friday, the Statistics Lithuania announced that the industrial production dropped 15.7% year-on-year in July, compared with a 22.3% fall in the previous month. (Market News Provided by RTTNews)

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