Latvia Industrial Output Growth Slows in November

2026-01-08 11:14 By Dongting Liu 1 min. read

Latvia’s industrial production rose by 6.9% year-on-year in November 2025, slowing from a three-month high of 6.9% growth in the previous month.

The slowdown was driven by weaker performance in manufacturing (8.9% vs 9.5% in October) and electricity and gas supply (3.5% vs 10.1%), alongside a further decline in mining and quarrying (-25.9% vs -16.1%).

Within manufacturing, output fall sharply in beverages (-22.8% vs -6.7%), basic metals (-19.9% vs -0.5%), textiles (-11.1% vs 2.0%), paper and paper products (-2.3% vs 4.7%), and rubber and plastic products (-6.2% vs 3.6%).

Other sub-sectors posted softer growth, including manufacture of wood and wood products, excluding furniture (5.4% vs 7.0%), chemicals (5.6% vs 7.9%), computer, electronic and optical products (5.1% vs 29.2%), electrical equipment (8.1% vs 9.4%), and machinery and equipment (12.9% vs 16.1%).

On a seasonally adjusted monthly basis, industrial production declined 0.6% in November, reversing a 1.4% increase in October.



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