Estonia's industrial production fell by 5.4 percent year-on-year in August 2020, following a downwardly revised 0.2 percent drop in the previous month. It was the sixth straight month of decline in industrial production, amid the corononavirus pandemic. On a monthly basis, industrial production dropped 2.1 percent.

Industrial Production in Estonia averaged 4.90 percent from 2001 until 2020, 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 2020.

Industrial Production in Estonia is expected to be -5.00 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 5.80 in 12 months time. In the long-term, the Estonia Industrial Production is projected to trend around 7.00 percent in 2021 and 5.00 percent in 2022, according to our econometric models.

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Estonia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-5.40 -0.20 36.90 -32.90 2001 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-30 05:00 AM May -17.7% -16.9% -12.5%
2020-07-31 05:00 AM Jun -5.5% -17.6% -9%
2020-08-31 05:00 AM Jul -0.4% -5.2% -3.8%
2020-09-30 05:00 AM Aug -5.4% -0.2% 0.5%
2020-10-30 06:00 AM Sep -5.4% -5%
2020-12-01 06:00 AM Oct


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

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.