In October, industrial production expanded a working-day adjusted 2.3% over the same month last year, which was below the 6.4% increase tallied in September (previously reported: + 5.5% year-on-year). The reading represented the slowest pace of growth seen since December 2009, and a second consecutive month in which industrial output expanded at only a single-digit rate. According to Statistics Estonia, slower growth in output in October can be mostly associated with a fall in energy production. On a monthly basis, however, industrial production rebounded from a seasonally and working-day adjusted 10.17% contraction in September to a 2.85% rise in October. Annual average growth fell from 26.9% in September to 23.8% in October.
Industrial production continues to slow in October
December 2, 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).