Article Tools

Latvia: Industrial Sector Grows Significantly

Published: February 11, 2013; 13:46 · (Vindobona)

Data of the Central Statistical Bureau show that, compared to 2011, manufacturing turnover1 at current prices in 2012 increasedby 11.9%, of which in domestic market by 5.7% and in export - by 18.2%. However, the growth flattens.

Latvia: Industrial Sector Grows Significantly / Picture: © Flickr

The most notable rise among all manufacturing sectors was recorded in repair and installation of machinery and equipment (repair and maintenance of ships and boats, repair of fabricated metal products, machinery and equipment, installation of industrial machinery and equipment) – of 59.9% (increase in both domestic market and export), in manufacture of electrical equipment - of 36.7%…

This article includes a total of 280 words.

or Log In