Friday, the Central Statistical Bureau of Latvia announced that industrial production dropped a seasonally adjusted 0.5% month-on-month in February. Meanwhile, manufacturing output declined 0.7%.

On an annual basis, industrial production dipped a working day adjusted 24.2% in February.

Meanwhile, manufacturing production plunged 28.3% annually in February, while mining and quarrying production fell 6%. Electricity and gas supply production was down 8.2%.

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