FX.co ★ Latvia’s Industrial Growth Slows in April as Year-on-Year Expansion Cools to 7.0%

Latvia’s industrial sector lost some momentum in April 2026, with year-on-year production growth easing to 7.0%, down from a robust 9.5% expansion recorded in March 2026. The latest figures, updated on 4 June 2026, indicate that while the sector continues to grow compared with a year earlier, the pace of expansion has clearly moderated.

Both the current and previous readings are measured on a year-over-year basis, comparing each month’s output with the same month of the prior year. The shift from 9.5% in March to 7.0% in April suggests that the strong industrial rebound seen earlier in the year is cooling, though output remains solidly above last year’s levels.

The slowdown may prompt closer monitoring from policymakers and market participants, as they assess whether April’s softer performance is a temporary pause after strong gains or an early sign of a more sustained easing in Latvia’s industrial growth trajectory.