In September, industrial production expanded a working-day adjusted 5.5% over the same month last year, which was well below the 22.6% increase tallied in August. Industrial output returned to single-digit rates of growth after having expanded at a double-digit rate for 17 consecutive months. Moreover, the reading represented the slowest pace of growth since February 2010. According to Statistics Estonia, the abrupt slowdown in production was due to a fall in electronic goods manufacturing. On a monthly basis, industrial production declined a seasonally and working-day adjusted 10.94%, far exceeding a 1.96% contraction in August. Annual average growth edged down from 29.0% in August to 26.8% in September.
September industrial production dives
October 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).