Financial News: Lithuania Industrial Production Falls 0.4%

Lithuania Industrial Production Falls 0.4%

11/22/2024 - 03:26:00 (RTTNews)

(RTTNews) - Lithuania's industrial output decreased in October due to a sharp contraction in the utility sector, data from Statistics Lithuania showed on Friday.

Industrial production fell a working-day-adjusted 0.4 percent year-on-year in October.

Production in the electricity, gas, steam supply, and air conditioning segments alone slumped by 16.5 percent annually in October, while that in the mining and quarrying sector advanced 9.7 percent. Manufacturing output logged an increase of 0.9 percent.

Among the major industrial groups, production of energy products plunged 21.1 percent yearly in October, while that of intermediate goods rose by 7.9 percent.

On a monthly basis, industrial production declined markedly by a seasonally and working-day-adjusted 7.5 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Improves Less Than Previously Estimated In November (42 min(s), 55 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. improved less than previously estimated in the month of ...Full Story»

Mexico Q3 GDP Growth Eases Less Than Estimated (02 hr(s), 31 min(s), 55 sec(s) ago)
(RTTNews) - The Mexican economic growth moderated less than initially estimated in the third quart ...Full Story»

Eurozone Private Sector Falls Back Into Contraction (02 hr(s), 52 min(s), 55 sec(s) ago)
(RTTNews) - The euro area private sector fell back into the negative territory in November as serv ...Full Story»

German Private Sector Continues To Shrink (03 hr(s), 42 min(s), 55 sec(s) ago)
(RTTNews) - Germany's private sector continued to contract in November as sustained weakness i ...Full Story»

France Private Sector Falls Deep Into Contraction (04 hr(s), 05 min(s), 55 sec(s) ago)
(RTTNews) - France's private sector contracted the most since January as prolonged weakness in ...Full Story»

UK Private Sector Contracts Modestly In November (05 hr(s), 10 min(s), 55 sec(s) ago)
(RTTNews) - The UK private sector activity deteriorated for the first time in just over a year in ...Full Story»

UK Retail Sales Fall More Than Expected (06 hr(s), 41 min(s), 55 sec(s) ago)
(RTTNews) - UK retail sales declined more than expected in October as consumers reduced their spen ...Full Story»

Lithuania Industrial Production Falls 0.4% (07 hr(s), 37 min(s), 55 sec(s) ago)
(RTTNews) - Lithuania's industrial output decreased in October due to a sharp contraction in t ...Full Story»