08.01.202611:00:00UTC+00Latvia's Industrial Production Faces Contraction in November

RIGA, Latvia – Latvia's industrial production has witnessed a decline in November, marking a significant shift from the previous month. According to the latest data updated on January 8, 2026, the industrial production index fell by 0.6% month-over-month. This downturn comes on the heels of a 1.4% increase observed in the prior month, signaling a reversal in industrial growth.

Industrial production is a crucial indicator of Latvia's economic health, and this contraction points to potential challenges in the industrial sector. Market analysts will likely be examining the factors contributing to this decline, such as disruptions in supply chains, decreased demand, or broader economic conditions that may have impacted the sector.

As Latvia navigates through these economic fluctuations, stakeholders and policymakers will be closely monitoring future data releases to understand better the underlying causes of this contraction and to develop strategies that could stabilize and stimulate industrial activity in the coming months. Such insights will be vital for both local businesses and international investors eyeing opportunities within the Latvian market.