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
|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 %||Jun 20|
|Stock Market||1,262||-0.38 %||Jun 20|
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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.
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.
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.
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.
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.