Industrial production in Estonia grew by 4.4 percent year-on-year in August 2021, easing from a downwardly revised 9.3 percent rise in the previous month. It was the weakest growth in industrial production since March, as mining and energy sector declined 28.3 percent and 15.7 percent, respectively. Meanwhile, production of manufacturing increased by 8.5 percent. On a seasonally adjusted monthly basis, industrial output fell by 4.1 percent in August, following a revised 0.2 percent drop in the prior month. source: Statistics Estonia
Industrial Production in Estonia averaged 4.97 percent from 2001 until 2021, 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 October of 2021.
Industrial Production in Estonia is expected to be 3.10 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 3.20 percent in 2022 and 2.80 percent in 2023, according to our econometric models.