Estonia's industrial production dropped 5.3 percent from a year earlier in July 2019, after a downwardly revised a 3.1 percent decrease in the previous month. This was the second straight monthly decline in industrial production and the steepest fall since December 2015, as both mining production (-40.3 percent vs -29.1 percent in June) and electricity, steam and hot water supply (-52.0 percent vs -51.2 percent) declined faster. In addition, manufacturing output expanded softer (2.5 percent vs 3.0 percent), boosted by increases in the manufacture of food products, computers and electronic products and wood. On a monthly basis, industrial production fell 2.9 percent in July, compared to a downwardly revised 5.2 percent drop in June. Industrial Production in Estonia averaged 5.57 percent from 2001 until 2019, 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.

Industrial Production in Estonia is expected to be -4.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Estonia to stand at 2.70 in 12 months time. In the long-term, the Estonia Industrial Production is projected to trend around 2.40 percent in 2020, according to our econometric models.

Estonia Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-31 05:00 AM Industrial Production YoY Apr -0.4% 2.3% 3.7%
2019-07-02 05:00 AM Industrial Production YoY May 1.2% -0.3% 0.5%
2019-07-31 05:00 AM Industrial Production YoY Jun -3.8% 1.2% -0.1%
2019-09-02 05:00 AM Industrial Production YoY Jul -5.3% -3.1% -4.3%
2019-10-01 05:00 AM Industrial Production YoY Aug -5.3% -5.9%
2019-10-31 06:00 AM Industrial Production YoY Sep -4.7%
2019-12-03 06:00 AM Industrial Production YoY Oct


Estonia Business Last Previous Highest Lowest Unit
Business Confidence 99.20 98.50 117.40 69.60 Index Points [+]
Industrial Production -5.30 -3.10 36.90 -32.90 percent [+]
Industrial Production Mom -2.90 -5.20 8.10 -10.10 percent [+]
Manufacturing Production 2.50 3.00 38.90 -33.40 percent [+]
Capacity Utilization 72.50 73.50 79.40 52.20 percent [+]
Changes in Inventories 99.80 234.58 247.93 -351.49 EUR Million [+]
Car Registrations 2543.00 2533.00 3231.00 205.00 [+]
Internet Speed 11556.01 11438.06 11697.65 2923.37 KBps [+]
IP Addresses 539972.00 523132.00 542382.00 209703.00 IP [+]
Mining Production -40.30 -29.10 96.60 -49.00 percent [+]
Cement Production 41.60 43.80 94.10 11.00 Thousands of Tonnes [+]
Competitiveness Index 70.75 70.77 70.77 4.56 Points [+]
Competitiveness Rank 32.00 30.00 35.00 26.00 [+]
Corporate Profits 816564.90 535522.80 923825.90 149443.20 EUR Thousand [+]
Ease of Doing Business 16.00 12.00 24.00 11.00 [+]
Electricity Production 372.00 341.00 1375.00 341.00 Gigawatt-hour [+]
Corruption Index 73.00 71.00 73.00 55.00 Points [+]
Corruption Rank 18.00 21.00 33.00 18.00 [+]


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. This page provides - Estonia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Industrial Production - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-5.30 -3.10 36.90 -32.90 2001 - 2019 percent Monthly
WDA




Country Last Previous
Argentina -1.90 Jul/19
Australia 1.90 Jun/19
Brazil -2.50 Jul/19
Canada 1.44 Jun/19
China 4.40 Aug/19
Euro Area -2.00 Jul/19
France -0.20 Jul/19
Germany -4.20 Jul/19
India 4.30 Jul/19
Indonesia 8.10 Jul/19
Italy -0.70 Jul/19
Japan 0.70 Jul/19
Mexico -1.70 Jul/19
Netherlands -1.90 Jun/19
Russia 2.90 Aug/19
Saudi Arabia 1.40 Dec/18
Singapore -0.40 Jul/19
South Africa -1.10 Jul/19
South Korea 0.60 Jul/19
Spain 0.80 Jul/19
Switzerland 4.80 Jun/19
Turkey -1.20 Jul/19
United Kingdom -0.90 Jul/19
United States 0.40 Aug/19


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