Estonia: Industrial output expands in February
April 10, 2017
According to Statistics Estonia, industrial production expanded a working-day adjusted 9.0% over the same month last year in February, which followed the revised 6.9% increase registered in January (previously reported: +6.7% year-on-year). A double-digit expansion in mining and manufacturing were behind February’s solid growth.
A seasonally adjusted month-on-month assessment shows that growth in industrial production slowed from a 6.7% expansion in January to a 2.4% increase in February. Meanwhile, the annual average variation in industrial production picked up from 2.5% in January to 3.3% in February.