Industry in Estonia
Estonia - Industry
Industrial output growth remains solid in December
According to Statistics Estonia, annual working day-adjusted industrial production growth moderated to 5.8% in December from 7.8% in November, which had marked the strongest expansion in 17 months. December’s print reflected an impressive expansion in the energy sector which, coupled with healthy manufacturing output growth, more than offset yet another contraction in the mining sector.
On a seasonally-adjusted month-on-month basis, industrial production fell 0.1% in December, compared to near three-year high growth of 4.5% in November. Meanwhile, the annual average growth in industrial production moderated from 4.4% in November to 4.3 in December.
FocusEconomics Consensus Forecast participants see industrial output expanding 4.1% in 2019, up 0.2 percentage points from last month’s estimate. In 2020, industrial production is expected to grow 4.1%.
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 %||Feb 20|
|Stock Market||1,215||-0.38 %||Feb 20|
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February 20, 2019
Consumer prices fell 0.2% from the previous month in January, following December’s 0.3% decrease.
February 20, 2019
Estonia is set to hold a parliamentary election on 3 March, in what is expected to be a tightly contested race between the two leading political parties: the opposition Estonian Reform Party and the governing Estonian Centre Party.
February 4, 2019
According to Statistics Estonia, annual working day-adjusted industrial production growth moderated to 5.8% in December from 7.8% in November, which had marked the strongest expansion in 17 months.
January 16, 2019
Consumer prices fell 0.3% from the previous month in December, compared to November’s 0.5% decrease.
January 4, 2019
According to Statistics Estonia, annual working day-adjusted industrial production growth rose from a meagrer 1.7% in October to 7.9% in November.