Industrial production in Estonia declined by 6.4 percent year-on-year in July 2022, compared with a downwardly revised flat reading a month earlier. The latest print marked the first drop in industrial output since February 2021, weighed down by the manufacture of wood (-16.3 percent), fabricated metal products (-11.9 percent), building materials (-8.5%), and electrical equipment (-2.9%). In contrast, there were rises in the manufacture of electronic products (10.4%), food products (3.4%), and shale oil (9.1%). On a seasonally adjusted monthly basis, industrial output dropped by 7.4 percent in July, the third straight month of fall, after a revised 2.0 percent decrease in June. source: Statistics Estonia

Industrial Production in Estonia averaged 5.36 percent from 2001 until 2022, reaching an all time high of 36.90 percent in October of 2010 and a record low of -32.90 percent in April of 2009. This page provides - Estonia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Industrial Production in Estonia is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Estonia Industrial Production is projected to trend around 2.80 percent in 2023, according to our econometric models.

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Estonia Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-08-02 05:00 AM Jun 0.4% 4.8% 3.2%
2022-09-02 05:00 AM Jul -6.4% 0.0%
2022-10-03 05:00 AM Aug -6.4% -4.3%


Related Last Previous Unit Reference
Industrial Production Mom -7.40 -2.00 percent Jul 2022
Industrial Production -6.40 0.00 percent Jul 2022
Manufacturing Production -6.41 -2.54 percent Jul 2022
Car Registrations 1737.00 1577.00 Aug 2022
Cement Production 21.70 25.00 Thousands of Tonnes Jul 2022
Mining Production -17.60 28.80 percent Jul 2022
Corporate Profits 880170.10 1078321.20 EUR Thousand Mar 2022

Estonia Industrial Production
In Estonia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.
Actual Previous Highest Lowest Dates Unit Frequency
-6.40 0.00 36.90 -32.90 2001 - 2022 percent Monthly
WDA

News Stream
Estonian Industrial Output Falls for 1st Time in 17 Months
Industrial production in Estonia declined by 6.4 percent year-on-year in July 2022, compared with a downwardly revised flat reading a month earlier. The latest print marked the first drop in industrial output since February 2021, weighed down by the manufacture of wood (-16.3 percent), fabricated metal products (-11.9 percent), building materials (-8.5%), and electrical equipment (-2.9%). In contrast, there were rises in the manufacture of electronic products (10.4%), food products (3.4%), and shale oil (9.1%). On a seasonally adjusted monthly basis, industrial output dropped by 7.4 percent in July, the third straight month of fall, after a revised 2.0 percent decrease in June.
2022-09-02
Estonian Industrial Output Rises the Least in 16 Months
Industrial production in Estonia grew by 0.4 percent year-on-year in June 2022, slowing sharply from a 4.8 percent growth a month earlier and pointing to the softest increase since a contraction in February 2021. Among the activities with the largest shares, there was an increase in production in the manufacture of electronic products (6.2%) and shale oil (15.9%). At the same time, output fell in the manufacture of fabricated metal products (7.6%), building materials (5.5%), food products (1.7%), and wood (8.1%). On a seasonally adjusted monthly basis, industrial output dropped by 1.6 percent in June, the second straight month of fall, after a 0.3 percent decline in May.
2022-08-02
Estonian Industrial Output Growth Accelerates in May
Industrial production in Estonia expanded by 4.8 percent year-on-year in May 2022, accelerating from an upwardly revised 4.0 percent rise in the previous month. Among the activities with the largest shares, there was an increase in production in the manufacture of electronic products (20.0%), electrical equipment (19.2%), and machinery and equipment n.e.c (10.0%). On a seasonally adjusted monthly basis, industrial output contracted by 0.3 percent in May, the first monthly decline in three months, and reversing from a 0.8 percent growth in the prior month.
2022-07-04