Industrial production in Lithuania rose 1% year-on-year in October 2022, from an upwardly revised 3.6% gain in the previous month. It was the smallest increase in production since June as output growth slowed sharply for electricity, gas, steam and air conditioning supply (21% vs 40.4%). At the same time, output declined for mining & quarrying (-0.1% vs 8.9%), manufacturing (-0.4% vs 1.5%), and water supply, sewerage & waste management (-0.9% vs -6.1%). Considering January to October, industrial production advanced 12.5% over a year earlier. On a seasonally adjusted monthly basis, industrial production tumbled 1.1%, compared to 7.2% fall in September. source: Statistics Lithuania

Industrial Production in Lithuania averaged 4.68 percent from 1999 until 2022, reaching an all time high of 38.10 percent in February of 2003 and a record low of -26.00 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 December of 2022.

Industrial Production in Lithuania is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania Industrial Production is projected to trend around 2.90 percent in 2023 and 3.80 percent in 2024, according to our econometric models.

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Lithuania Industrial Production

Calendar GMT Actual Previous Consensus TEForecast
2022-10-24 06:00 AM Sep 3.1% 17.0% 10.5%
2022-11-23 07:00 AM Oct 1% 3.6% 4.5%
2023-12-23 07:00 AM Nov 1% 2.3%

Related Last Previous Unit Reference
Business Confidence -13.20 -7.10 points Oct 2022
Industrial Production Mom 1.10 -7.20 percent Oct 2022
Industrial Production 1.00 3.60 percent Oct 2022
Manufacturing Production -0.40 1.50 percent Oct 2022
Changes in Inventories 2634.30 649.50 EUR Million Sep 2022
Mining Production -0.10 8.90 percent Oct 2022
Bankruptcies 274.00 312.00 Companies Jun 2022

Lithuania Industrial Production
In Lithuania, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.
Actual Previous Highest Lowest Dates Unit Frequency
1.00 3.60 38.10 -26.00 1999 - 2022 percent Monthly