Latvia’s industrial production declined 0.2% year-on-year in July 2026, reversing a 0.5% increase in June and marking the first contraction since March 2025. Growth in mining and quarrying slowed to 12.4% from 13.8%, while the decline in electricity, gas, steam and air-conditioning supply deepened to 35.6% from 29.8%. Manufacturing output rose 8.2%, accelerating from 5.0%, with stronger growth in food products, textiles, rubber and plastic products, fabricated metal products excluding machinery and equipment, and repair and installation of machinery and equipment. On a monthly basis, industrial activity increased 0.1% in July after a downwardly revised 0.9% decline in the preceding period.