Estonian Industrial Production Rises In March

Estonia’s industrial production grew in March, data from Statistics Estonia showed on Monday.

Industrial production rose a working-day adjusted 2.0 percent year-on-year in March.

Manufacturing output increased 2.0 percent annually in March.

Production in mining declined 26.0 percent, while those of energy sector grew 9.0 percent.

“In March, year-on-year growth was recorded in two-thirds of manufacturing activities, but it should be considered that production had decreased in March 2020 due to the coronavirus pandemic,” Helle Bunder, analyst at Statistics Estonia, said. On a seasonally adjusted basis, industrial production 4.0 percent monthly in March. 

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