Estonia Industrial Output Hits Over 1-Year Low
2026-05-06 05:31
By
Erika Ordonez
1 min. read
Industrial production in Estonia fell 3.1% year-on-year in March 2026, after a 0.5% drop in the previous month, marking the lowest level since December 2024.
Output declined sharply in electricity, gas, steam, and air conditioning supply (-19.5% vs 4.0% in February), while manufacturing remained in contraction (unchanged at -1.2%), weighed down by food products (-4.1%), leather and related products (-19.5%), paper and paper products (-10.4%), coke and refined petroleum products (-21.8%), basic and pharmaceutical products and preparations (-15.3%), and furniture (-7.6%).
In contrast, production accelerated in mining and quarrying (5.9% vs 0.1%).
In the energy sector, the volume of production measured in megawatt-hours of electricity slumped by 23.6%, while heat output fell by 9.6% year-on-year in March, as weather conditions were warmer than usual.
On a monthly basis, industrial activity declined by 2.5%, following a 0.7% drop in the preceding period.