In February, industrial production expanded 31.3% over the same month the year before, which was above the 29.1% increase tallied in January. The robust reading was partially favored by a weak comparison base, as output increased a paltry 3.2% annually in February 2010. Nevertheless, the result represented the 11th straight month of double-digit growth in industrial activity. Although the expansion was widespread within the three main industrial sectors, growth was primarily driven by a 41.6% surge in the manufacturing component. However, a month-on-month comparison points to a slight moderation in industrial output, with activity declining a seasonally and working-day adjusted 0.08% over the previous month, which followed on a 3.52% rise in January. Owing to the resilience of industrial activity over the last 12 months, annual average growth stepped up from 22.4% in January to 24.8% in February, which is the fastest pace in more than a decade.
Industrial production remains buoyant at the outset of 2011
March 31, 2011
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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).