A town in Estonia

Estonia Industrial production January 2024

Estonia: Industrial output decreases at sharper pace in January

Industrial production decreased 8.6% year on year in seasonally and calendar-adjusted terms in January (December: -7.7% yoy). The weakening was partly due to a bigger fall in manufacturing production. In contrast, mining and quarrying output dropped at a more moderate pace.

On a seasonally adjusted monthly basis, industrial output plunged 6.6% in January (December: +5.2% mom), the worst result since July 2022. Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 11.7% in January, down from December’s minus 11.4%.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest