Interest Rate in Estonia

Estonia Interest Rate | Economic News & Forecasts

Estonia - Interest Rate

Growth appears to have run out of steam in the second quarter, after accelerating to an over one-year high in Q1 on the back of surging fixed investment and public spending growth. Industrial output growth slumped in April–May, which, coupled with a considerable deterioration in business sentiment across the industrial and construction sectors in Q2, pointed to faltering private sector activity in the quarter. Furthermore, household consumption growth likely weakened in the second quarter as inflation jumped and average consumer confidence dipped into negative territory in Q2, while the unemployment rate rose in April. On a more positive note, merchandise export growth remained robust in April–May, demonstrating a resilient external sector despite a wider slowdown in the EU.

Estonia - Interest Rate Data

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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

Exchange Rate1.110.65 %Jul 31
Stock Market1,268-0.38 %Jul 31

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