European Economic News

Estonia April Industrial Output Falls At Slower Rate

Estonia's industrial production decreased at a slower pace in April, data released by Statistics Estonia showed Thursday.

Industrial output declined 4 percent on an annual basis in April, notably slower than the revised 8.2 percent fall seen in March. The decline in the production was mostly influenced by the manufacturing of electronic and metal products, the agency said.

Production in both the mining sector and the manufacturing industry dropped 4.4 percent each annually, while energy output edged up 0.1 percent during the month..

On a monthly basis, industrial output increased a seasonally adjusted 1.3 percent in April, recovering from the previous month's 3 percent decrease.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More European Economic News