Latvia Industrial Output Picks Up in September

Latvia's industrial production rose 2.6% year-on-year in September 2026, accelerating from 0.6% in August. Manufacturing and mining and quarrying continued to expand, although growth moderated to 5.2% (from 7.9%) and 26.0% (from 34.5%), respectively. Within manufacturing, output growth slowed in food products (7.4% vs 8.7%), fabricated metal products (7.5% vs 9.6%) and computer and electronic products (9.1% vs 20.4%). In contrast, production picked up in chemicals and chemical products (27.9% vs 11.7%) and machinery and equipment (22.2% vs 16.9%). The decline in electricity and gas supply also eased significantly to 18.9% from 43.6%. On a monthly basis, industrial production rose 0.6% in September, following a 0.4% increase in August. In the third quarter, output increased 1.0% year-on-year.

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.

Latvia’s industrial production fell by 0.2% year-on-year in July 2026, following a 0.5% increase in the previous month. This marked the first contraction since March 2025, as output growth moderated in mining and quarrying (12.4% vs 13.8% in June), while activity declined at a faster pace in electricity, gas, steam, and air-conditioning supply (-35.6% vs -29.8%). Meanwhile, production increased in manufacturing (8.2% vs 5.0%), lifted by stronger gains in food products (11.7% vs 5.7%), textiles (131.9% vs 122.0%), rubber and plastic products (13.2% vs 0.5%), fabricated metal products, except machinery and equipment (33.9% vs 19.0%), and repair and installation of machinery and equipment (8.2% vs 1.2%). On a monthly basis, industrial activity rose by 0.1% in July, rebounding from a downwardly revised 0.9% drop in the preceding period.