In December, industrial production contracted a working-day adjusted 2.6% over the same month the year before, which contrasted the 0.9% increase tallied in November (previously reported: +1.1% year-on-year). In fact, the reading represented the first decline in industrial output in two years. According to Statistics Estonia, the December's reading was mostly influenced by a drop in energy production. On a monthly basis, industrial production contracted a seasonally and working-day adjusted 0.61% in December, which was less than the 0.95% decline observed in November. Overall, in 2011, annual average growth in industrial output reached 17.7%, buoyed by external demand for Estonian products.
Industrial production expands at a robust pace in 2011
January 31, 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).