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.