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
|Industrial Production (annual variation in %)||4.4||4.3||-2.2||2.6||8.0|
5 years of economic forecasts for more than 30 economic indicators.
Estonia Industry Chart
Source: Statistics Estonia.
|Exchange Rate||1.13||0.65 %||Dec 14|
|Stock Market||1,193||-0.38 %||Dec 14|
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December 12, 2018
Consumer prices fell 0.5% from the previous month in November, contrasting October’s 0.5% increase.
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.
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.
November 14, 2018
Consumer prices rose 0.5% over the previous month in October, following September’s flat reading.
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.