Industrial Production MoM measures the percentage change in industrial production in Lithuania compared with the previous month. It reflects the output of the industrial sector, which includes manufacturing, mining, and utilities. Changes in industrial production can provide insight into economic trends and are closely monitored by analysts to gauge economic performance and potential growth.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.