Latvia’s industrial production rose 6.2% year-on-year in May 2026, easing from a 7% gain in the previous month.
This marked the softest growth since December 2025, as activity moderated in manufacturing (6.1% vs 6.8% in April), driven largely by a slowdown in the production of dairy products (8.5% vs 13.0%), printing and reproduction of recorded media (2.8% vs 12.2%), rubber and plastic products (13.8% vs 14.5%), electrical equipment (5.9% vs 6.3%), and other manufacturing (4.6% vs 17.1%).
At the same time, activity decreased in electricity, gas, steam, and air-conditioning supply (10.5% vs 12.1%).
Meanwhile, production recovered sharply in mining and quarrying (2.5% vs -8.3%).
On a monthly basis, industrial activity grew by 0.4% in May, following a flat reading in the preceding period.