Exchange Rate in Estonia
Estonia - Exchange RateAfter Q1’s rebound in GDP, activity seemingly continued to gain steam throughout the second quarter—albeit supported by a low base effect due to last year’s pandemic-induced contraction. Incoming data points to upbeat private consumption in Q2, as suggested by healthy retail sales growth, a lower unemployment rate and a slight improvement in consumer sentiment. On the supply side, industrial production rebounded in the quarter amid buoyant manufacturing activity. Moving to Q3, available data paints a mixed picture: Consumer sentiment ebbed in July, but business confidence was more upbeat in the same month. In other news, S&P Global Ratings recently affirmed the country’s AA- rating and upgraded the outlook from stable to positive, citing incoming EU funds and the economy’s relative resilience throughout the health crisis last year.
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||1.12||0.65 %||Dec 31|
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September 9, 2021
Consumer prices rose 0.72% in August over the previous month, moderating from July's 1.09% increase.
September 2, 2021
Industrial output expanded 9.9% year-on-year in seasonally- and calendar-adjusted terms in July, which followed June's 10.8% increase.
Estonia: GDP growth records best reading since Q4 1997 in Q2, partly supported by a favorable base effect
August 31, 2021
GDP growth gained traction to 12.9% year-on-year in the second quarter, from 4.1% in the first quarter.
August 9, 2021
Consumer prices increased 1.09% in July over the previous month, slowing from the 1.17% increase recorded in June.
July 8, 2021
Industrial output grew 15.9% year-on-year in seasonally- and calendar-adjusted terms in May, moderating from April's 16.8% increase.