Estonia: Industrial production rebounds in July
Latest reading: Industrial production was up 2.2% on a year-on-year basis in July, following a 2.3% decline in the previous month.
Relative to the previous month’s figures, the reading for manufacturing improved in July (+1.1% in annual terms vs -2.8% in June). In contrast, the reading for mining and quarrying worsened in July (+13.6% vs +26.7% in June).
On a seasonally adjusted month-on-month basis, industrial production increased 0.9% in July, following a 2.2% drop in the prior month.