Financial News: Estonia Industrial Output Growth Slows To 0.9%

Estonia Industrial Output Growth Slows To 0.9%

07/04/2025 - 04:31:00 (RTTNews)

(RTTNews) - Estonia's industrial production growth moderated in May amid a sharp contraction in the mining and quarrying segment, data from Statistics Estonia showed on Friday.

The volume of industrial production rose a calendar-adjusted 0.9 percent year-on-year in May, much slower than the 4.3 percent fall in the previous month. Nonetheless, this was the fourth successive increase in a row.

Among the main sectors, mining and quarrying production showed a sharp decline of 19.7 percent. The annual growth in manufacturing production slowed to 1.4 percent from 4.7 percent, while utility sector expanded at an accelerated pace of 6.9 percent.

On a seasonally adjusted basis, industrial production dropped 0.5 percent, reversing a 1.2 percent increase in April.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Reaches Five-Month High In July (02 hr(s), 21 min(s), 08 sec(s) ago)
(RTTNews) - After reporting a substantial rebound by U.S. consumer sentiment in the previous month ...Full Story»

U.S. Housing Starts Rebound More Than Expected In June (03 hr(s), 20 min(s), 08 sec(s) ago)
(RTTNews) - New residential construction in the U.S. rebounded by more than expected in the month ...Full Story»

U.S. Housing Starts Surge 4.6% In June, More Than Expected (04 hr(s), 26 min(s), 08 sec(s) ago)
(RTTNews) - New residential construction in the U.S. rebounded by more than expected in the month ...Full Story»

Italy Current Account Surplus Grows In May (06 hr(s), 29 min(s), 08 sec(s) ago)
(RTTNews) - Italy's current account surplus increased in May from the previous year, the Bank ...Full Story»

Eurozone Construction Output Falls 1.7% (06 hr(s), 50 min(s), 08 sec(s) ago)
(RTTNews) - Eurozone construction output declined at the fastest pace in nearly two-and-a-half yea ...Full Story»

Eurozone Current Account Surplus Surges (07 hr(s), 04 min(s), 08 sec(s) ago)
(RTTNews) - The euro area current account surplus increased sharply in May largely due to the rise ...Full Story»

Italy Construction Output Falls 1.4% (08 hr(s), 46 min(s), 08 sec(s) ago)
(RTTNews) - Italy's construction output decreased in May after recovering in the previous mont ...Full Story»

Malaysia GDP Growth Improves In Q2 (09 hr(s), 27 min(s), 08 sec(s) ago)
(RTTNews) - Malaysia's economic growth improved in the second quarter driven by strong domesti ...Full Story»