Estonia’s industrial production declined by 5.8% at constant prices on year in July 2024, according to Statistics Estonia, ERR reports. Output rose by 16.9% in mining and 16.3% in electricity production, but fell by 7.8% in manufacturing. The volume of industrial production declined in more than two thirds of manufacturing sectors. Meanwhile, sales of manufacturing…
Latvia’s industrial production rose by 1.4% on year in July 2024, according to the Central Statistical Bureau’s (CSP) calendar-adjusted data at constant prices, LSM reports. Output in manufacturing declined by 6.4%, while output in mining and quarrying increased by 6.1% and in electricity and gas supply by 66.0% over a year. Compared to June 2024,…
Estonia’s raw milk production per dairy cow rose by 5% in 2023 from the year before, which was the highest increase in 31 years, according to a report from the European Commission, ERR reports. In terms of milk production per cow, Estonian farms are second only to Denmark in the EU, Tanel-Taavi Bulitko, CEO of…
Lithuania’s industrial production totalled EUR 35bn at current prices in 2023, the State Data Agency (VDA) reported. Compared to 2022, industrial output decreased by 5.2% at constant prices, according to calendar-adjusted data. In terms of unadjusted data, industrial production dropped by 5.3% over a year. The volume of output in manufacturing decreased by 3.7%, in…
Latvia’s industrial production declined by 4.5% in 2023 compared to 2022, according to the Central Statistical Bureau (CSP), LSM reported. Output in manufacturing decreased by 4.5%, in electricity and gas supply by 0.8%, and in mining by 19% over a year. The drop in manufacturing output was the largest annual decline since 2009. Martins Abolins, economist…
The total production of industrial enterprises in Estonia declined by 10.5% in 2023 at constant prices compared to 2022, according to Statistics Estonia’s data, ERR reports. Output decreased in all three industrial sectors, including in energy production by 21%, in manufacturing by 9.8%, and in mining and quarrying by 4.7%. Production volumes fell every month…
Estonia’s Ministry of Climate has confirmed the felling quota for the state forest management centre, Riigimetsa Majandamise Keskus (RMK), in 2024, ERR reports. Under the decision, the felling quota will remain unchanged at 9,180 hectares. The quota only relates to RMK’s forest land, which represents around 1% of Estonia’s total forest area. A little less…
Producer prices in Latvia’s industry rose by 0.4% in June 2023, compared to June 2022, according to data from the Central Statistical Bureau, LSM reports. Prices of products sold on the domestic market rose by 3.8%, while prices of exported products dropped by 3.6%. Compared to May 2023, producer prices in Latvian industry declined by…
Latvia’s electricity consumption totalled 491 GWh in June 2023, which was the lowest monthly figure since June 2005, according to data from transmission system operator Augstsprieguma Tikls (AST), LSM reports. Electricity consumption declined by 9% over a year and 5% over a month. AST attributed the drop in consumption to the increasing number of microgeneration…