In February, industrial production increased a working-day adjusted 1.3% over the same month last year, which contrasted the 0.4% decrease tallied in January. According to Statistics Estonia, February's reading was mostly influenced by an increase in electrical equipment production. A month-on-month comparison confirms the increase reflected in the annual figures, as industrial production rose a seasonally and working-day adjusted 1.34% in February, which was below the 2.40% increase observed in January. Despite the stronger reading in February, annual average growth fell from 14.3% in January to 12.2%, confirming the underlying downward trend in industrial production in place since May 2011.
Industrial production rises in February
March 30, 2012
Looking for forecasts related to Industry in Estonia? Download a sample report now.
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).