Estonia's industrial production decreased at a significantly slower pace in May, data released by Statistics Estonia showed Friday.
Industrial production decreased 0.8 percent on an annual basis in May, notably slower than the 4.1 percent decrease seen in April.
Energy production fell 7.1 percent year-on-year, while manufacturing output decreased 0.4 percent during the month. Meanwhile, there was a 2.3 percent increase in production in the mining sector, data showed.
On a monthly basis, industrial output increased a seasonally adjusted 1.1 percent in May, slightly slower than the 1.2 percent gain recorded in the previous month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.