Analytics, EU – Baltic States, Industry
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Saturday, 11.01.2025, 14:05
Estonia registers EU's largest increase in industrial production in July; Latvia second
Industrial production volume in Lithuania increased by 4.7% in July.
Greece was the only country in the European Union to register a drop in industrial production in July – by 8.5%, writes LETA.
Overall, industrial production volume in the EU increased by 6.8% in July, but in the euro zone – by 7.1%.
On the other hand, when compared to June, industrial production volume in Latvia increased by 2.3% this past July, which was the fourth largest increase in the European Union.
Estonia registered the largest monthly increase in industrial production – by 5.2%, followed by Ireland – 3.2%, and Sweden – 2.6%.
The largest monthly reductions in industrial production were registered in Finland – by 3.6%, and Greece – by 2.5%.
Lithuania registered a 0.7 reduction in industrial production volume in July when compared to June.