Industrial production in Estonia declined by 7.5 percent year-on-year in September 2022, swinging from a 0.8 percent rise a month earlier, dragged down by falls in the manufacture of wood (-17.5%), fabricated metal products (-18.0%), electrical equipment (-3.7%), and food products (-3.1%). On the other hand, output grew for electronic products (18.1%), motor vehicles, trailers and semi-trailers (11.3%), and repair of machinery and equipment (14.2%). On a seasonally adjusted monthly basis, industrial output fell 3.6 percent, after a marginally revised 5.1 percent growth. source: Statistics Estonia
Industrial Production in Estonia averaged 5.29 percent from 2001 until 2022, 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 November of 2022.
Industrial Production in Estonia is expected to be -4.30 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 3.90 percent in 2023 and 2.80 percent in 2024, according to our econometric models.