Estonia: Economy expands in Q3
November 14, 2016
According to a flash estimate issued by Statistics Estonia (SE) on 14 November, the Baltic economy edged up from 0.8% growth in Q2 to 1.1% in Q3. According to SE’s preliminary estimates, growth was driven by an expansion in industry and exports.
In seasonally- and working-day adjusted terms, GDP increased 0.2% quarter-on-quarter in the third quarter, which marked a softer expansion than the 0.3% increase observed in the second quarter. More detailed data for national accounts will be released on 9 December.