Estonia's industrial production dropped 7.2 percent from a year earlier in November 2019, following a 3.9 percent fall in the previous month. It was the sixth straight monthly decline, and the steepest decline since November 2011. On a monthly basis, industrial production increased by 0.6 percent in November, the same pace as in October.
Industrial Production in Estonia averaged 5.41 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 2.40 percent in 2020, according to our econometric models.