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‘Eurostat’: In November, Latvia showed an increase in industrial production

Output of industrial products In November, Latvia increased by 1.1% compared to the eleventh month of 2020, thus it is among the 19th European Union (EU) countries with an increase over this period, according to the EU Statistical Office “Eurostat“Data for the 25 EU member states published on Wednesday.

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The fastest growth was in Lithuania (+ 17%), Poland (+ 15.3%), Bulgaria (+ 13.3%), Slovenia (+ 10.1%) and Denmark (+ 10%). In Estonia, industrial output increased by 6.2%

Meanwhile, the decline over the period was recorded in Ireland (-30.4%), Malta (-7.8%), Germany and Luxembourg (both -2.5%), Romania (-0.9%) and France (-0 , 2%).

At the same time, on average, industrial production in the EU Member States remained unchanged in November from a year ago, but fell by 1.5% in the euro area.

Compared to the previous month – October – industrial output in the EU increased by 2.5% in November, but in the euro area – by 2.3%.

Compared to the previous month, industrial output increased in 16 countries, with the sharpest increases in Ireland (+ 37.3%), Poland (+ 5.9%) and the Czech Republic (+ 4.8%), while the largest declines were in Belgium (-4, 4%), Malta (-3.7%) and Luxembourg (-2.3%). In Latvia, industrial output increased by 0.2%, in Estonia it increased by 2.7%, but in Lithuania it decreased by 0.5%.

Data are not available for Italy and Cyprus on an annual or monthly basis.

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