Latvia’s industrial sector gained momentum in March 2026, with year-over-year output growth accelerating to 9.5%, up from 6.4% in February 2026. The figures, updated on 7 May 2026, highlight a strengthening production environment as the country’s factories and industrial facilities expand activity compared with the same period a year earlier.
Both the current and previous readings are calculated on a year-over-year basis, comparing each month’s performance with the corresponding month of the prior year. The latest data suggest that the positive trend seen in February not only continued into March but intensified, pointing to robust demand conditions or improved capacity utilization within Latvia’s industrial base. Investors and policymakers are likely to monitor whether this faster pace of industrial growth can be sustained in the coming months.
