Latvia Industrial Output Returns to Growth

2026-10-06 11:41 By Larissa Miranda 1 min. read

Latvia's industrial production rose 0.3% year-on-year in August 2026, rebounding from a 0.2% decline in July.

Output growth accelerated in mining and quarrying (36.1% vs 12.4%), while manufacturing rose at a softer pace (7.6% vs 8.2%), as gains eased for food products (8.9% vs 11.7%), fabricated metal products (12.3% vs 33.9%), computer and electronic products (20.4% vs 23.4%) and machinery and equipment (17.5% vs 36.9%), and output fell for beverages (-18.4% vs -5.2%) and motor vehicles (-10.2% vs 11.8%).

In contrast, production picked up for repair and installation of machinery (20.2% vs 8.2%) and chemicals (11.5% vs 8.1%).

Meanwhile, activity declined at a steeper pace in electricity and gas supply (-44.6% vs -35.6%).

On a monthly basis, industrial production rose 0.3% in August, following a 0.1% increase in July.

In the first eight months of the year, output increased 4.7% from a year earlier.



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Latvia Industrial Output Returns to Growth
Latvia's industrial production rose 0.3% year-on-year in August 2026, rebounding from a 0.2% decline in July. Output growth accelerated in mining and quarrying (36.1% vs 12.4%), while manufacturing rose at a softer pace (7.6% vs 8.2%), as gains eased for food products (8.9% vs 11.7%), fabricated metal products (12.3% vs 33.9%), computer and electronic products (20.4% vs 23.4%) and machinery and equipment (17.5% vs 36.9%), and output fell for beverages (-18.4% vs -5.2%) and motor vehicles (-10.2% vs 11.8%). In contrast, production picked up for repair and installation of machinery (20.2% vs 8.2%) and chemicals (11.5% vs 8.1%). Meanwhile, activity declined at a steeper pace in electricity and gas supply (-44.6% vs -35.6%). On a monthly basis, industrial production rose 0.3% in August, following a 0.1% increase in July. In the first eight months of the year, output increased 4.7% from a year earlier.
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Latvia Industrial Output Hits Over 1-Year Low
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