In August 2025, Latvia's industrial production experienced a modest increase of 2.4% on a year-on-year basis. This marks a deceleration from the robust 9.8% rise observed in July and represents the slowest growth since April. The overall slowdown can largely be attributed to a significant downturn in mining and quarrying activities, which saw a steep contraction of 23.9%. However, this decline was somewhat mitigated by strong performances in manufacturing and electricity and gas supply, with these sectors posting increases of 4.1% and 0.5%, respectively.
Within the manufacturing sector, the most substantial advances were witnessed in the production of fabricated metal products (excluding machinery and equipment), which surged by 15.4%. Increases were also observed in food products (11.2%) and wood and cork products (excluding furniture) (8.9%). Other sectors exhibiting notable growth included motor vehicles, trailers and semi-trailers (23.7%), printing and reproduction of recorded media (16.1%), rubber and plastic products (14.0%), furniture (12.8%), and electrical equipment (12.0%).
On a seasonally adjusted monthly basis, industrial output declined by 2.4%, marking the first downturn since March. This follows a 1.5% increase registered in July.
