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Latvia Oct. Industrial Output Drops

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Friday, the Central Statistical Bureau of Latvia announced that the industrial production dropped a working day adjusted 13.5% year-on-year in October, compared to the 15.3% fall in the previous month.

Manufacturing production decreased 15.8% on annual basis in October, while mining and quarrying output fell 11%.

On a monthly basis, industrial production increased a seasonally adjusted 0.1% in October, while manufacturing output fell 1.9%.

For the January to October period, industrial production decreased 18.2% compared to the same period of the previous year.

Friday, the Central Statistical Bureau of Latvia announced that the industrial production dropped a working day adjusted 13.5% year-on-year in October, compared to the 15.3% fall in the previous month. (Market News Provided by RTTNews)

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