Industry in Estonia
Estonia - Industry
Industrial output dips in April
Industrial production fell 0.4% in annual working-day adjusted terms in April, contrasting a healthy 2.3% increase in March and marking the first contraction since November 2017. April’s deterioration was generally broad-based: Output in the energy and mining sectors continued to contract in double digits, while manufacturing production growth more than halved in the same month.
On a seasonally-adjusted month-on-month basis, industrial production fell 1.4%, contrasting the previous month’s 0.6% rise. Meanwhile, annual average growth in industrial output ticked down from 3.9% in March to 3.5% in April.
FocusEconomics Consensus Forecast participants see industrial output expanding 4.0% in 2019, from last month’s estimate. In 2020, industrial production is expected to grow 3.4%.
Estonia - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 4.4 | 4.3 | -2.2 | 2.6 | 8.0 |
Estonia Industry Chart
Source: Statistics Estonia.
Estonia Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 1.13 | 0.65 % | Jun 20 |
| Stock Market | 1,262 | -0.38 % | Jun 20 |
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Economic News
Estonia: Inflation inches down in May
June 14, 2019
Consumer prices rose 0.2% from the previous month in May, decelerating markedly from April’s 1.3% rise—which had marked the strongest monthly increase in over two years.
Estonia: Industrial output dips in April
June 4, 2019
Industrial production fell 0.4% in annual working-day adjusted terms in April, contrasting a healthy 2.3% increase in March and marking the first contraction since November 2017.
Estonia: Growth hits over one-year high in Q1
May 31, 2019
Economic growth clocked in at 4.5% in year-on-year terms in Q1 2019, picking up slightly from the 4.3% acceleration recorded in Q4 2018, according to a detailed GDP release by Estonia’s Statistical Institute.
Estonia: Inflation jumps to year-to-date high in April
May 10, 2019
Consumer prices rose 1.3% from the previous month in April, accelerating markedly from March’s 0.3% uptick and marking the strongest monthly increase in over two years.
Estonia: Industrial output growth eases in March
April 30, 2019
Industrial production growth fell from 4.0% in February to a five-month low of 2.4% in March, in annual working-day adjusted terms.
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