In January, industrial production contracted a working-day adjusted 0.5% over the same month last year, which was up from the 0.1% decrease tallied in December (previously reported: -2.6% year-on-year). According to Statistics Estonia, January's reading was mostly influenced by a fall in electricity production. A month-on-month comparison, however, does not corroborate the decline reflected in the annual figures, as industrial production increased a seasonally and working-day adjusted 2.40% in January, which contrasted the 0.77% contraction observed in December. Annual average growth fell from 16.6% in December to 14.3% in January, confirming the underlying downward trend in industrial production in place since May 2011.
Industrial production continues to decline in January
March 5, 2012
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Estonia Economic News
October 14, 2016
In September, consumer prices inched up from a 0.1% month-on-month increase in August to 0.2%.
September 30, 2016
According to Statistics Estonia, industrial production expanded a working-day adjusted 1.0% over the same month last year in August, which came in below the 2.2% increase registered in July.
September 8, 2016
In the second quarter, the economy expanded a modest 0.8% over the same quarter of the previous year, according to the revised data published by Statistics Estonia (SE) on 8 September.
September 7, 2016
In August, growth in consumer prices inched up from a flat reading in July to 0.1%.
August 31, 2016
According to Statistics Estonia, industrial production expanded a working-day adjusted 2.2% over the same month last year in July, which contrasted the revised 3.6% contraction registered in June (previously reported: -4.6% year-on-year).