Industrial Production in Latvia increased 2.10 percent in May of 2019 over the previous month. Industrial Production Mom in Latvia averaged 0.33 percent from 2000 until 2019, reaching an all time high of 5.10 percent in March of 2015 and a record low of -8.70 percent in January of 2009.
Industrial Production Mom in Latvia is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Latvia to stand at 0.40 in 12 months time. In the long-term, the Latvia Industrial Production MoM is projected to trend around 0.60 percent in 2020, according to our econometric models.