Industrial production in Lithuania up by 5.2% in Feb

Production at the Šiauliai „ROL/Statga“
DELFI (E.Fuks) nuotr.

Over the month, mining and quarrying and manufacturing production increased by 8.2 percent, seasonally and working day adjusted – by 7 percent; manufacturing production increased by 8.1 percent, seasonally and working day adjusted – by 7 percent.

Over the month, an increase in production was observed in the manufacture of basic pharmaceutical products and pharmaceutical preparations (42.3 percent), refined petroleum products (32.2 percent), chemicals and chemical products (18.3 percent), machinery and equipment not elsewhere classified (14.6 percent), beverages (9.1 percent), and textiles (6.4 percent).

In February 2015, against January 2014, a decrease in production was observed in the manufacture of leather and leather products (33.9 percent), wearing apparel (19.7 percent), repair and installation of machinery and equipment (7.2 percent), manufacture of other transport equipment (3.9 percent), and food products (3.2 percent).

In February 2015, against February 2014, industrial production increased by 5.6 percent at constant prices, working day adjusted – by 5.1 percent. Over the year, mining and quarrying and manufacturing production increased by 7.2 percent, working day adjusted – by 6.7 percent; manufacturing production increased by 7.4 percent, working day adjusted – by 6.9 percent.

In January-February 2015, industrial production totalled EUR 2.89 billion at current prices; compared to the same period of 2014, it grew by 1.8 percent at constant prices, working day adjusted – by 2.6 percent. Over the said period, mining and quarrying and manufacturing production increased by 4 percent, working day adjusted – by 5 percent; manufacturing production increased by 4.3 percent, working day adjusted – by 5.2 percent.

In January-February 2015, against January-February 2014, the proportion of mining and quarrying and manufacturing sales and services on the non-Lithuanian market decreased by 0.4 percentage points and stood at 65.6 percent, on the Lithuanian market – grew by 0.4 percentage points and stood at 34.4 percent. The value of sales and services to euro area countries accounted for more than half (51.1 percent) of the total value of mining and quarrying and manufacturing sales and services on the non-Lithuanian market.

In January-February 2015, against January-February 2014, the value of sales and services of industrial enterprises on the non-Lithuanian market dropped by 7.4 percent at current prices. It was mainly influenced by an 18.2 percent drop in the sales of the production of the manufacture of refined petroleum products, 20.1 percent – food products, 23.3 percent – rubber and plastic products, 12.7 cent – electrical equipment. Over the said period, the sales of the production of the manufacture of furniture grew by 12, wood and wood products, except for furniture, – by 13.2, other transport equipment – by 71.9, basic pharmaceutical products and pharmaceutical preparations – by 28.4 percent. The value of sales and services to euro area countries decreased by 2.2 percent, to non-euro area countries – by 12.3 percent at current prices. Refined petroleum products excluded, the value of sales and services of industrial enterprises on the non-Lithuanian market decreased by 3.7 percent at current prices.

In January-February 2015, against January-February 2014, the value of sales and services of industrial enterprises on the Lithuanian market decreased by 5.3 percent, refined petroleum products excluded – by 1.3 percent at current prices.

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