Exchange Rate in Estonia
Estonia - Exchange Rate (average of period)Growth seems to have remained suppressed in the third quarter, following the second quarter’s marked deceleration. Industrial output slumped in July–August amid tumbling mining activity and nearly stagnant manufacturing sector. Moreover, sliding confidence in the construction and manufacturing sectors in September suggests production continued to fall further at the end of the quarter. Externally, merchandise exports dipped for a third consecutive month in August as demand from the EU dried up. That said, consumer demand seems to have held up in Q3, as reflected by slightly stronger retail sales growth in July–August, amid a fall in the unemployment rate in July and improved consumer confidence in the quarter. In other news, on 4 October, Fitch Ratings affirmed the country’s AA- credit rating with a stable outlook, citing the country’s sustained fiscal prudence and extremely low public debt ratio.
Estonia - Exchange Rate (aop) Data
|Exchange Rate (vs USD, aop)||1.33||1.33||1.11||1.11||1.13|
5 years of economic forecasts for more than 30 economic indicators.
Estonia Exchange Rate (aop) Chart
Source: Thomson Reuters.
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||1,235||-0.38 %||Sep 04|
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November 8, 2019
Consumer prices fell 0.1% over the previous month in October, following a 0.2% month-on-month decrees in September.
October 31, 2019
Industrial output slumped 4.8% in annual working-day adjusted terms in September, following a milder 2.8% year-on-year contraction in August (previously reported: -2.5% year-on-year).
October 8, 2019
Consumer prices fell 0.2% over the previous month in September, contrasting a 0.7% month-on-month increase in August.
October 1, 2019
Industrial output fell 2.5% in annual working-day adjusted terms in August, compared to a sharper 5.5% year-on-year (previously reported: +5.3%) contraction in July.
September 6, 2019
Consumer prices rose 0.7% over the previous month in August, contrasting a 0.1% month-on-month drop in July.