Exchange Rate in Estonia
Estonia - Exchange RateThe economy likely slowed in the second quarter, on the heels of a robust first-quarter outturn which was supported by buoyant investment activity and a jump in public spending. Industrial output contracted for the first time in three years in Q2 amid weakening confidence among industrial producers. Furthermore, unemployment rose in Q2 which, coupled with a marked downturn in consumer sentiment in the quarter, points to softening private consumption dynamics. On the external front, metrics were also downbeat. Exports growth fell to an over three-year low in Q2 on faltering external demand, while a drop in tourist arrivals in the quarter boded ill for services exports. Turning to H2, the economic sentiment index slipped into negative territory in July, suggesting that the growth momentum weakened further at the outset of the third quarter.
Estonia - Exchange Rate Data
|Exchange Rate (vs USD)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Estonia Exchange Rate Chart
Source: Thomson Reuters.
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||1,235||-0.38 %||Sep 04|
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September 6, 2019
Consumer prices rose 0.7% over the previous month in August, contrasting a 0.1% month-on-month drop in July.
September 2, 2019
Industrial output fell 5.3% in annual working-day adjusted terms in July, compared to a slightly softer 3.8% year-on-year (previously reported: +3.2%) dip in June.
August 30, 2019
The economy grew 3.6% in annual terms in the second quarter, decelerating markedly from the first quarter’s 5.0% expansion, according to a comprehensive estimate released by Estonia’s Statistical Institute on 30 August.
August 12, 2019
Consumer prices fell 0.1% from the previous month in July, contrasting a 0.2% uptick in June and marking the first contraction since January 2019.
July 31, 2019
Industrial output fell 3.8% in annual working-day adjusted terms in June, contrasting a 1.2% year-on-year increase in May.