Lithuania’s industrial production increased notably in March from a year ago, figures from Statistics Lithuania showed Tuesday.
Industrial production rose a working-day-adjusted 6.1 percent year-on-year in March. On an unadjusted basis, production surged by 10.5 percent.
Production in the manufacturing sector grew 6.7 percent annually in March, while mining and quarrying output declined by 5.6 percent.
Month-on-month, industrial production fell a seasonally and working-day-adjusted 3.4 percent in March. Without adjustment, production expanded by 4.3 percent.
The material has been provided by InstaForex Company – www.instaforex.com