Manufacturing Production in Latvia decreased 1.50 percent in August of 2020 over the same month in the previous year.
Manufacturing Production in Latvia averaged 3.48 percent from 1997 until 2020, reaching an all time high of 27.70 percent in October of 2010 and a record low of -29.60 percent in March of 2009. This page provides the latest reported value for - Latvia Manufacturing Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Manufacturing Production - values, historical data and charts - was last updated on October of 2020.
Manufacturing Production in Latvia is expected to be 1.74 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Latvia to stand at 1.90 in 12 months time. In the long-term, the Latvia Manufacturing Production is projected to trend around 1.96 percent in 2021 and 1.97 percent in 2022, according to our econometric models.