2026.02.0411:26:48UTC+00Latvia Industrial Output Growth Eases in December

In December 2025, Latvia experienced a modest increase in industrial production, with a year-on-year rise of 1%. This marked a significant deceleration from the revised 7.2% growth recorded in November. The manufacturing sector showed particularly reduced growth, climbing just 0.3% compared to the 9.1% increase seen in the previous month. Notably, the textile industry faced a substantial decline of 12.3%, following an 8.5% drop in November. Similar downtrends were observed in paper and paper products, which fell by 5.5% from a previous 1.2% decrease, and in rubber and plastic products, declining 5.4% compared to a 4.9% reduction the month before.

Moreover, several manufacturing sub-sectors experienced softer growth rates. These include the processing and preserving of meat, which increased by 10.8%, down from a 12.6% rise; fruit and vegetables processing, climbing 1.7%, a fall from November's 20.6%; chemical products, which grew 3.5%, slowing from 4.8%; and other non-metallic mineral products, up by 11.9% compared to 18.1% in the previous month. Conversely, the electricity and gas supply sector saw enhanced activity, increasing by 8.8% from 3.6% in November. In the mining and quarrying sector, output decline eased, recording an 18.9% drop as opposed to a 25.2% decrease previously. Seasonally adjusted figures show that industrial production decreased by 1.4% in December, following an adjusted 0.4% contraction in the former period.