Industry in Estonia
Estonia - Industry
Industrial production growth moderates in October
According to Statistics Estonia, annual industrial output growth fell to 1.7% in working day-adjusted terms in October, from 2.6% in the previous month. The print marked the weakest result since June 2016 and came on the back of moderate manufacturing and energy production growth more than offsetting a contraction in the mining sector output.
On a seasonally-adjusted month-on-month basis, industrial production rose 0.8% in October, rebounding from a 0.9% dip in September. Meanwhile, the annual average growth in industrial production moderated from 4.3% in September to 4.0% in October.
Estonia Industrial Production Forecast
FocusEconomics Consensus Forecast participants see industrial output expanding 3.8% in 2019, down 0.4 percentage points from last month’s estimate. In 2020, industrial production is expected to grow 4.2%.
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 % | Dec 14 |
| Stock Market | 1,193 | -0.38 % | Dec 14 |
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Economic News
Estonia: Inflation falls in November
December 12, 2018
Consumer prices fell 0.5% from the previous month in November, contrasting October’s 0.5% increase.
Estonia: Industrial production growth moderates in October
December 3, 2018
According to Statistics Estonia, annual industrial output growth fell to 1.7% in working day-adjusted terms in October, from 2.6% in the previous month.
Estonia: Growth gains traction in the third quarter
November 30, 2018
The economy shifted into a higher gear in the third quarter, according to comprehensive data released by Statistics Estonia on 30 November.
Estonia: Inflation surges to an over six-year high in October
November 14, 2018
Consumer prices rose 0.5% over the previous month in October, following September’s flat reading.
Estonia: Industrial production growth loses pace in September
October 31, 2018
According to Statistics Estonia, annual industrial output growth decelerated to 2.3% in working day-adjusted terms in September, from 5.8% in August.
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