FX.co ★ Latvia’s Industrial Production Growth Slows to 6.9% in November

In November 2025, Latvian industrial production growth showed signs of deceleration, with the year-over-year increase falling to 6.9%. This marks a noticeable slowdown from the previous month's 8.8% growth rate, according to updated data released on January 8, 2026.

The drop in industrial production growth might suggest emerging challenges within Latvia's industrial sectors or a possible influence of broader economic factors. This decline in the growth rate requires analysis to understand underlying causes and potential long-term impacts on the Latvian economy.

As the country evaluates this reduced growth against a backdrop of global economic conditions, industry stakeholders are urged to take a proactive stance in addressing any emerging issues. This shift underscores the necessity of monitoring industrial trends and implementing strategies that support sustainable production growth in Latvia.