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Latvia: Drop in Industrial Productivity by 3.5 %
Data of the Central Statistical Bureau show that, in comparison with December 2012, industrial production in January 2013 has declined by 3.5 %
Latvia: Drop in Industrial Productivity by 3.5 % / Picture: © Vindobona.org
According to seasonally adjusted data the decline was at constant prices. Of which in manufacturing by 3.6%, in electricity and gas supply - by 0.9%, whereas in mining and quarrying there was an increase of 4.4%.
The most notable reduction in the industrial production output, as compared to December, was recorded in repair and installation of machinery and equipment (repair and…
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