Industrial production in Lithuania fell 1.3 percent year-on-year in September 2020, after a 2.1 percent rise in the prior month. On a seasonally adjusted monthly basis, industrial production dropped 0.4 percent, the first monthly decline since April, after a 2.3 percent growth in August.
Industrial Production in Lithuania averaged 3.66 percent from 1999 until 2020, reaching an all time high of 40 percent in February of 2003 and a record low of -26.10 percent in April of 2009. This page provides the latest reported value for - Lithuania Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Lithuania Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Industrial Production in Lithuania is expected to be -1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Lithuania to stand at 3.00 in 12 months time. In the long-term, the Lithuania Industrial Production is projected to trend around 4.00 percent in 2021 and 3.80 percent in 2022, according to our econometric models.