empty
 
 

2020.12.0108:07:00UTC+00Estonia Industrial Production Rises In October

Estonia's industrial production rose in October, data from Statistics Estonia showed on Tuesday.

Industrial production rose a working-day adjusted 1.0 percent year-on-year in October.

Production in the industrial enterprises grew for the first time since the emergency situation was declared, Helle Bunder, analyst at Statistics Estonia, said.

Manufacturing provided the biggest boost, led by an increase in the production of computers and electronic products and in the manufacture of wood, Bunder said.

However, with these comparisons, it is important to note that the decrease in manufacturing production first began in October last year, the analyst added.

Manufacturing output increased 2.0 percent annually in October.

Among the other sub sectors, production in mining and energy declined 6.0 percent and 4.0 percent, respectively.

On a monthly basis, industrial production rose a seasonally and working-day adjusted 2.0 percent in October.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback