Estonia's industrial production tumbled 10 percent from a year earlier in December 2019, following a 7.2 percent fall in the previous month. It was the seventh straight monthly decline, and the steepest decline since November 2009. On a monthly basis, industrial production dropped by 2.4 percent in December, reversing from a 0.6 percent rise in November. Estonia Industrial Production - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Industrial Production in Estonia averaged 5.34 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. This page provides - Estonia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Estonia is expected to be 2.50 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 3.20 in 12 months time. In the long-term, the Estonia Industrial Production is projected to trend around 3.20 percent in 2021 and 2.40 percent in 2022, according to our econometric models.


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Estonia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-10.00 -7.20 36.90 -32.90 2001 - 2019 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2019-10-31 06:00 AM Sep -4.8% -2.7% -4.7%
2019-12-03 06:00 AM Oct -3.9% -4.5% -4.4%
2020-01-03 06:00 AM Nov -7.2% -3.9% -4.5%
2020-01-31 06:00 AM Dec -10% -7.2% -5%
2020-03-10 06:00 AM Jan -10%
2020-04-09 05:00 AM Feb
2020-05-08 05:00 AM Mar 2.5%
2020-05-29 05:00 AM Apr


News Stream
Estonian Industrial Output Shrinks for 5th Month
Estonia's industrial production dropped 3.9 percent from a year earlier in October 2019, following a downwardly revised 4.5 percent fall in the previous month. It was the fifth straight monthly decline, as output continued to decline for both mining (-29.0 percent vs -24.1 percent in September) and electricity, steam and hot water supply (-28.3 percent vs -29.1 percent). Conversely, manufacturing production edged higher 0.1 percent, reversing from a 0.8 percent drop in a month earlier, amid rises in food products, computers and electronics products, and building materials. On a monthly basis, industrial production increased by 0.6 percent in October, shifting from a 1.5 percent decrease in September.
2019-12-03
Estonian Industrial Output Falls for 4th Month
Estonia's industrial production dropped by 4.8 percent from a year earlier in September 2019, the fourth straight month of fall, after an upwardly revised 2.7 percent fall in the previous month. Output of mining (-24.1 percent vs -28.2 percent in August) and electricity, steam and hot water supply (-34.1 percent vs -48 percent) fell further. In addition, manufacturing production shrank 0.7 percent, reversing from a 3.6 percent rise in a month earlier, amid falls in manufacture of wood, fabricated metal products, and electrical equipment. On a monthly basis, industrial production fell by 1.5 percent in September, shifting from a downwardly revised 3.6 percent gain in August.
2019-10-31
Estonian Industrial Output Shrinks for 3rd Month
Estonia's industrial production dropped 2.5 percent from a year earlier in August 2019, after an upwardly revised a 5.5 percent decrease in the previous month. This was the third straight monthly decline in industrial production, as both mining production (-28.2 percent vs -40.3 percent in July) and electricity, steam and hot water supply (-47.9 percent vs -52.0 percent) continued to fall. Meanwhile, manufacturing output expanded faster (3.9 percent vs 2.3 percent), boosted by increases in the manufacture of food products, computers and electronic products and wood. On a monthly basis, industrial production jumped 3.8 percent in August, rebounding from an upwardly revised 3.0 percent drop in July.
2019-10-01
Estonian Industrial Output Falls the Most in 3-1/2 Years
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.
2019-09-02

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.