Industrial production down 1.1 percent in EU, up 1.6 percent in Lithuania
Tuesday, July 15, 2014
In May 2014, compared with April 2014, seasonally adjusted industrial production1 fell by 1.1 percent in both the euro area and the European Union, according to estimates from Eurostat, the statistical office of the European Union.
On 1 January 2014, the population of the European Union was estimated to stand at 507.4 million, compared with 505.7 million one year before. The population growth is due to a natural increase of 80,000 and a net migration of 700,000, while the remainder can be explained by statistical adjustments, according to EU statistics office Eurostat.
Construction company AB Panevežio Statybos Trestas has signed a contract with UAB Devold regarding new textile factory construction in Panevėžys, northern Lithuania, according to a statement by the company.
In June 2014, compared to May, prices for consumer goods and services remained unchanged, because a drop in prices for some consumer products was counterbalanced by an increase in prices for other consumer products, Statistics Lithuania reports.
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