Industrial output in Lithuania increased by 18.9% in January-May

Production and sales of industrial products in Lithuania In January-May, constant prices were 15.3 billion euros, which is 18.9% more than in the first five months of last year, Statistics Lithuania announced.

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In May, industrial output in Lithuania reached 2.9 billion euros, a decrease of 7.6% year-on-year and an increase of 4.3% year-on-year.

Compared to the month, the refining of oil products experienced a 55.8% decrease due to the only refinery in the Baltic States, Orlen. Lithuania“suspension of production due to maintenance of the Mazeikiu plant.

In monthly terms, the decline in output was recorded in the manufacture of transport equipment, which decreased by 15.5%, in the repair and installation of machinery and equipment, which decreased by 14.6%, and in the manufacture of other non-metallic mineral products, which decreased by 4.7%.

It has already been reported that the volume of production and sales of Lithuanian industrial products at constant prices last year was 28.4 billion euros or 20% higher than in 2020.