Lithuania’s industrial production increased notably in November from a year ago, figures from Statistics Lithuania showed Monday.
Industrial production grew a working-day-adjusted 4.9 percent year-over-year in November. On an unadjusted basis, production advanced by 5.1 percent.
Production in the manufacturing sector rose 5.5 percent annually in November and that for utility sector gained by 1.8 percent. At the same time, mining and quarrying output declined by 5.3 percent.
On a monthly basis, industrial production dropped a seasonally and working-day-adjusted 2.6 percent in November. Without adjustment, production decreased by 2.9 percent.
The material has been provided by InstaForex Company – www.instaforex.com