FX.co ★ Latvia’s Industrial Output Slips Back Into Contraction in July

Latvia’s industrial production moved into negative territory in July 2026, posting a year-over-year decline of 0.2%, according to data updated on 4 September 2026. This marks a reversal from June 2026, when industrial output had risen 0.5% compared with the same month a year earlier.

The figures are based on year-over-year comparisons, with July’s reading measuring the change against July of the previous year, and June’s against June a year earlier. The shift from modest growth in June to a slight contraction in July suggests that momentum in Latvia’s industrial sector has weakened, highlighting renewed pressures on manufacturers after a brief period of improvement.