Interest Rate in Estonia

Estonia Interest Rate | Economic News & Forecasts

Estonia - Interest Rate

The economy accelerated in the third quarter, led by a marked improvement in the external sector as export growth more than doubled and imports cooled. On a less positive note, domestic demand hit another speedbump in Q3. Household spending halved and fixed investment decelerated sharply in the quarter chiefly due to contracting public investment activity and a slowing inflow of EU development funds; public spending, however, jumped. Turning to the fourth quarter, private sector conditions seem to have weakened as industrial output contracted in October and business confidence dipped to an over four-year low in November. In addition, slumping retail sales in October and deteriorating consumer sentiment in October–November suggest consumer spending lost further traction in the quarter.

Estonia - Interest Rate Data

2013   2014   2015   2016   2017  
Policy Interest Rate (%)-     -     -     -     -     

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Estonia Interest Rate Chart

Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Estonia Facts

Value Change Date
Exchange Rate1.120.65 %Dec 31

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