Arab Today, arab today latvian industrial output 37 higher in the first half
Last Updated : GMT 19:16:56
Arab Today, arab today
Arab Today, arab today

Latvian industrial output 3.7% higher in the first half

Arab Today, arab today

Arab Today, arab today Latvian industrial output 3.7% higher in the first half

Latvian industrial output
Riga - XINHUA

In the first half of 2015, Latvia raised its industrial output by 3.7 percent against the same period last year in constant prices, the national statistics office reported Monday citing calendar-adjusted data.

That growth included a 5.3 percent increase in manufacturing and an 11.3 jump in mining and quarrying. Meanwhile, electric power and gas supply dropped 4.3 percent year-on-year, according to the statistics office's data.

The growth of Latvia's industrial output in the first half of this year was driven primarily by the metalworking sector, the statistics office said, although it does not release the sector's data. Also, manufacturers of computers and electronic and optical equipment stepped up production by 57.4 percent and a 14 percent increase was recorded in furniture production.

Meanwhile, manufacture of clothing slowed 17.6 percent and textiles production was down 15.1 percent. Producers of non-metallic minerals reduced output by 8.1 percent, and food production declined 6 percent against the first half of 2014.

Peteris Strautins, an economist at Latvia's DNB Bank, commented that, although to a great extent coincidentally, metal production and mechanical engineering were likely to remain the main drivers of growth this year, but that the mechanical engineering industry's ability to recover from shocks in Eastern markets proved that it was worth investing in industries with higher growth potential regardless of the market situation.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today latvian industrial output 37 higher in the first half Arab Today, arab today latvian industrial output 37 higher in the first half

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Russia, Iran ink economic deals

GMT 08:03 2017 Wednesday ,29 March

Russia, Iran ink economic deals
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Trump poised to roll back climate protections

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 11:55 2017 Wednesday ,29 March

Need ‘gymspiration?’ The top fun fitness bloggers

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 05:17 2017 Wednesday ,29 March

Samsung to sell refurbished Galaxy Note 7s

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday