FX.co ★ Latvia’s Industrial Growth Slows Sharply to 0.5% in June, Easing From May Surge

Latvia’s industrial production growth cooled markedly in June 2026, with output rising just 0.5% year-over-year, according to data updated on 4 August 2026. This represents a significant loss of momentum compared with May 2026, when industrial production had expanded by 6.2% compared with the same month a year earlier.

The figures are based on annual comparisons, with both the May and June indicators measuring changes relative to the same months in the previous year. The sharp deceleration from May’s strong performance to June’s marginal increase suggests a notable easing in industrial activity as the second half of 2026 approached. Investors and policymakers are likely to monitor upcoming releases closely for signs of whether June’s slowdown proves temporary or marks the beginning of a weaker industrial trend in Latvia.